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Owners all feeling the pinch for profits, sweeping San Francisco property and probably coming soon to a neighborhood near you. Brian webb, kpix 5. One bay area city is making an evident to create affordable housing. San mateo celebrated the grand opening of delaware pacific. Rents are 520 for one bedroom to 1,200 for a threebedroom unit. San mateo has the most expensive housing in the united states. [ [ inaudible ] concentrated in one area. [ inaudible ] 20 to 25 theres no excuse for that. So we have to [ indiscernible ] you have remember that. [ inaudible ] the wait lists for these units is now closed. More than 2300 people have already applied for the 60 available units. President obama came to the bay area. He left behind some hard feelings in some cases. Especially among those who normally back him the most. In Mountain View mr. Obama became the first sitting president to visit a walmart store. Our len ramirez reports, that triggered a backlash among labor leaders and sparked some

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