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Its the land that is valuable not the house. It ocul dbe an empty lot and catch the same price.
You have to realize the bay area is a very desirable area to live, unlike some of the slums of CT are. We currently own a house 100 feet from the bay. And we didnt over pay for it. You buy in the areas you want.
Everyone seems to hate california, yet so many people move there. I find that interesting. I guess it's the people that don't get it or can't move there that hate it.
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