Sorry to tell that but no, it will not really help with raising a family here. Sadly current prices are new normal and deflated pressure will just let them to not grow further up in near future. (5%-10% drop is nothing for affordability). On another hand looking at what it became I don't even feel sorry for it's future. SF is over and to hell with it. Just a whole bunch of douches.
The real douches are the millionaire homeowners who pushed for restrictive zoning laws for so many years. They've made their fortunes, at the cost of SF mostly only being affordable for the rich.
1) "millionaire homeowners" is pretty much definition of SF. And while roughly 1/3 of SF residents are renters big part of them are temporary here (boom and bust nature of this place, you can call them carpetbaggers) and are just douches who are not homeowners.
2) Doesn't matter who exactly are douches or who can afford SF. SF is ugly place and no victorians can help it. Bigger problem though is that rest of the country can be even uglier.
