I know someone at HIP Housing and have searched for a house sharing arrangement for an acquaintance using their services, so I found this factual update interesting in the Journal

Rental prices are skyrocketing in San Mateo County, according to HIP Housing, the San Mateo County nonprofit specializing in affordable housing programs.

New rental data released by the San Mateo County Department of Housing reveals that the average market rent for a one-bedroom apartment is now $2,053 a month. This is an 8.2 percent increase from last year.

Rents and home purchase prices are symbiotic–upward pressure on one causes (or at least reflects) the other.  I guess I'm surprised the increase isn't more than 8.2 percent.