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This is what a $350,000 house in San Francisco looks like
Posted: Mon Sep 28, 2015 2:07 am
by Nutso
It is a worn-down, decomposing wooden shack that was built in 1906, and the interior is unlivable in its current condition. The San Francisco house is also selling for $350,000.
Located at 16 De Long Street in the (slightly) more affordable Outer Mission district, the house’s price is a reflection of the skyrocketing real estate market in San Francisco. Since 2012, the city has seen a 103% increase in median housing prices; this month, that figure stands at $1.35 million.
According to realtors Brian Tran and Alexander Han, the shack is “the cheapest home listed in San Francisco.”
Originally an earthquake shelter, the shack was built in the aftermath of the devastating 1906 San Francisco earthquake. The 765-square-foot unit caught the attention of Tran and Han during a drive around the neighborhood. Upon spotting the vacant house, they found the owner—who had bought the home in 1984 and had moved out in 2008—and asked if she would be willing to sell it.
Re: This is what a $350,000 house in San Francisco looks lik
Posted: Thu Oct 01, 2015 5:21 pm
by sunnyside
I figure this is going to be an ongoing issue as we not only continue to grow our population but are abandoning really cheap rural housing to all pile into urban centers. I'm thinking we may have to start borrowing some ideas from the Japanese who have been crowded for longer and have a thing going about making tiny apartments work, or perhaps start building Judge Dred type "Blocks" to house tens of thousands in a building.
Re: This is what a $350,000 house in San Francisco looks lik
Posted: Thu Oct 01, 2015 10:09 pm
by McAvoy
Technically the US doesn't have a space issue even within cities. It's more of a money thing.
Even within cities there are blocks where it looks almost abandoned. Even like New York City and the reason why is because to live in a city you pay and arm and z leg and your first three children to live there.
One of my friends pays five grand a month for an apartment above a pizzeria and it's probably the size of your average living room.
Re: This is what a $350,000 house in San Francisco looks lik
Posted: Fri Oct 02, 2015 4:32 am
by Mikey
Indeed, we have long since weathered the boom age of city-bound migration from rural America.
Re: This is what a $350,000 house in San Francisco looks lik
Posted: Fri Oct 02, 2015 11:35 am
by Graham Kennedy
Meanwhile, in London...
A woman was left stunned after she viewed a room in a London flatshare - only to find out it was a cupboard under the stairs.
Alex Lomax found an advert for a “room” which costs £500 per month, posted by a private landlord on the website, London2Let.
Re: This is what a $350,000 house in San Francisco looks lik
Posted: Fri Oct 02, 2015 7:52 pm
by RK_Striker_JK_5
Isn't that a cleaner version of where Harry Potter lived?
Re: This is what a $350,000 house in San Francisco looks lik
Posted: Fri Oct 02, 2015 10:45 pm
by Graham Kennedy
Yep.