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dixiegrrrrl

(60,010 posts)
Sat Oct 10, 2015, 10:19 PM Oct 2015

This is what a $350,000 house in San Francisco looks like




According to the broker, it’s the cheapest home on the market in San Francisco, and it’s an unlivable shack.

It is a worn-down, decomposing wooden shack that was built in 1906, and the interior is unlivable in its current condition.
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
http://fortune.com/2015/09/25/san-francisco-cheapest-home/

This is what 300K will get you where I live:
Bedroom: 3
Full Baths: 3
Half Baths: 2
Type/Style: 1.5 Story, Traditional
10 acres
10 minute drive from my house in town.
and you can go here to look at slideshow of house and grounds
http://tinyurl.com/ob7uxyw





37 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
This is what a $350,000 house in San Francisco looks like (Original Post) dixiegrrrrl Oct 2015 OP
But then you'd be in Alabama KeepItReal Oct 2015 #1
I would too! PasadenaTrudy Oct 2015 #3
You'd also likely not have a massive income. joshcryer Oct 2015 #8
So that is what a lot costs. oldandhappy Oct 2015 #2
Yup, that's a lot price. Gormy Cuss Oct 2015 #17
yeah but can you buy a cup of coffee for nine bucks where you live ? olddots Oct 2015 #4
Is it 9.00 now???? dixiegrrrrl Oct 2015 #5
Or a piece of toast for four? KamaAina Oct 2015 #35
This is what $350,000 gets in Ohio Quackers Oct 2015 #6
Nice...... dixiegrrrrl Oct 2015 #7
It's Ohio! Quackers Oct 2015 #9
I like how your post works against your point alcibiades_mystery Oct 2015 #10
+1 Person 2713 Oct 2015 #27
The Alabama *median* hourly wage is about $11 Recursion Oct 2015 #11
Yeah, but the low wages can buy much more house here. dixiegrrrrl Oct 2015 #19
I would take the house in SF over ANY house in AL. In real estate it is location, Location, YabaDabaNoDinoNo Oct 2015 #12
Desirable for...whom? dixiegrrrrl Oct 2015 #20
Crowded, noisy, smelly and expensive doesn't really strike me as all that desirable Fumesucker Oct 2015 #24
You and me both: IDemo Oct 2015 #31
I was considering a $300 k house in Arkansas with an indoor swimming pool on 12 acres. B Calm Oct 2015 #13
I thought in Arkansas they called that a "cement pond" GummyBearz Oct 2015 #15
$350,000 in NYC is LiberalElite Oct 2015 #14
I hate what's happened to San Francisco MBS Oct 2015 #16
We're headed that way here in Portland. Lizzie Poppet Oct 2015 #18
You and me both. dixiegrrrrl Oct 2015 #21
Try Austin. My run-down '48 2-1, 1,290 sq ft on standard lot will go for $550k... Eleanors38 Oct 2015 #22
oh, and I hate the tear-down thing, too. MBS Oct 2015 #23
Yep. Those remaining folks who can afford a house are straight out of the 50s. Eleanors38 Oct 2015 #33
Cutting down old trees like that, especially oaks MBS Oct 2015 #34
Developers see paying the fines as a cost of doing bidness. Eleanors38 Oct 2015 #36
yuck. MBS Oct 2015 #37
$350 in Redding XemaSab Oct 2015 #25
Just needs a little paint! RKP5637 Oct 2015 #26
I used to live in S.F. I don't think I would ever even visit Alabama. I won't say never because Person 2713 Oct 2015 #28
When I drove away from Alabama in Dec. of 1964 dixiegrrrrl Oct 2015 #29
The place that is home to you - in your heart - just keeps pulling you until you return. Chemisse Oct 2015 #30
And such a good feeling, to have that deep sense of home, of belonging. dixiegrrrrl Oct 2015 #32

Gormy Cuss

(30,884 posts)
17. Yup, that's a lot price.
Sun Oct 11, 2015, 11:07 AM
Oct 2015

Very few earthquake shacks are left because they were intended as temporary dwellings. No surprise that this one is uninhabitable. If the city approves its removal a million dollar house will be built on the lot.

dixiegrrrrl

(60,010 posts)
5. Is it 9.00 now????
Sun Oct 11, 2015, 12:21 AM
Oct 2015

We moved out of the Bay Area when we retired... this is one of the few affordable places we could have gone to.
Fortunately, I love it here.
Esp. the low prices bit.

 

alcibiades_mystery

(36,437 posts)
10. I like how your post works against your point
Sun Oct 11, 2015, 02:07 AM
Oct 2015

When it comes to housing costs, the market is a fairly good indicator.

And that's all I have to say about that.

Recursion

(56,582 posts)
11. The Alabama *median* hourly wage is about $11
Sun Oct 11, 2015, 02:07 AM
Oct 2015

I really, really want people pushing for a national $15 minimum wage to let that sink in. Literally half of Alabama makes less than that.

dixiegrrrrl

(60,010 posts)
19. Yeah, but the low wages can buy much more house here.
Sun Oct 11, 2015, 11:37 AM
Oct 2015

People with decent jobs in SF cannot afford to live there, as has been discussed many many times.
The prices are so insane even 15.hr ( which would be gross income) won't cut for a single person.
People with low wages CAN afford to live down here.
Mr. Dixie and I bought this one when we retired and moved from SF area, could afford to put half down, thus our mortgage payments are incredibly low, which pretty well matches our retirement income level.

So while we struggle to get a decent wage for all, at least most people here have housing.

 

YabaDabaNoDinoNo

(460 posts)
12. I would take the house in SF over ANY house in AL. In real estate it is location, Location,
Sun Oct 11, 2015, 06:18 AM
Oct 2015

Location.

SF is a far more desirable location to live in then AL will ever be hence the high prices.

IF one were to suspend all reality and pretend that AL is more desirable then SF, I know it is pretend, then the AL house would be worth more then one in SF.


NYC
London
Tokyo
Berlin
Amsterdam
Paris
Munich
Moscow
Montreal
and the list goes on......

All highly desirable places to live with high real estate costs, way more then AL or any other southern or midwest state, it is not just an American thing.

Want high real estate prices, make your city/town/village/hamlet a desirable place to live.




dixiegrrrrl

(60,010 posts)
20. Desirable for...whom?
Sun Oct 11, 2015, 11:42 AM
Oct 2015

Happily, there are city mice and there are small town/country mice.
Outside of the 4 major cities here, ( all with a pop. of less than 300K) there are small towns and lots of country, very nice to the people who live there.
some of the them are even Democrats!

Fumesucker

(45,851 posts)
24. Crowded, noisy, smelly and expensive doesn't really strike me as all that desirable
Sun Oct 11, 2015, 05:51 PM
Oct 2015

Different strokes for different folks, not everyone wants to live in a city, I can walk literally ten feet out my door and take pictures like this..





 

Lizzie Poppet

(10,164 posts)
18. We're headed that way here in Portland.
Sun Oct 11, 2015, 11:26 AM
Oct 2015

More than "headed that way," even. The mayor just declared an emergency (seriously!) over the radical increases in housing costs here in Portland, Oregon. Our sleepy, oddball little city got "discovered" a decade or so ago...and the pace of gentrification in some parts of town over the last three or four years has been insane. Like everywhere else in de-facto-oligarchy America, wages haven't remotely kept place, and even people with jobs have become homeless. Rents have been rocketing up, and the vacancy rate is under 2%.

dixiegrrrrl

(60,010 posts)
21. You and me both.
Sun Oct 11, 2015, 11:45 AM
Oct 2015

I was there in the mid 1970's, it was glorious.
I was there for 5 years in 2000, making a good income, luckily Mr. Dixie had an affordable place to live ( but it is isn't affordable now).

 

Eleanors38

(18,318 posts)
22. Try Austin. My run-down '48 2-1, 1,290 sq ft on standard lot will go for $550k...
Sun Oct 11, 2015, 04:29 PM
Oct 2015

whereupon it will be scraped off like every other house in the 'hood. And that is about as cheap as you can go in my neck of the woods.

MBS

(9,688 posts)
23. oh, and I hate the tear-down thing, too.
Sun Oct 11, 2015, 04:51 PM
Oct 2015

especially when they are replaced by giant McMansions that are way too large for the lot.

 

Eleanors38

(18,318 posts)
33. Yep. Those remaining folks who can afford a house are straight out of the 50s.
Mon Oct 12, 2015, 02:41 PM
Oct 2015

And young, too. My neighbor, who shares a huge oak with me on the property line, said she would pay my asking price for fear whoever moves in will cut down the oak.

The houses across the street from me have been sold for 650. Both are in good shape and reamed out totally. No matter. They will be scraped. One has a cluster of mature oaks that may be cut, even if the law and its puny fine are violated. Think...

Giant.

As in the movie.

Person 2713

(3,263 posts)
28. I used to live in S.F. I don't think I would ever even visit Alabama. I won't say never because
Sun Oct 11, 2015, 08:13 PM
Oct 2015

one doesn't know what's ahead in life but I am pretty sure. No.

dixiegrrrrl

(60,010 posts)
29. When I drove away from Alabama in Dec. of 1964
Sun Oct 11, 2015, 08:31 PM
Oct 2015

I said "I don't ever want to live east of the Rockies again"
being a rather young naive West Coast woman at the time.

When I drove away from Alabama the 2nd time, in 1999, again heading for the West Coast, I missed it a lot.
and after 9-11 a WHOLE lot, much to my surprise.

When I drove to Alabama, from SF, in Sept of 2005 ( during Katrina, yet) I said, " I don't ever want to leave again."


Life can be funny.



Chemisse

(30,813 posts)
30. The place that is home to you - in your heart - just keeps pulling you until you return.
Sun Oct 11, 2015, 09:10 PM
Oct 2015

It is funny how that works, how important the 'where' is.

dixiegrrrrl

(60,010 posts)
32. And such a good feeling, to have that deep sense of home, of belonging.
Sun Oct 11, 2015, 10:41 PM
Oct 2015

Dunno if everyone gets to have that, it took me half my life to find it, despite loving where I was born and raised in another place.
and, happily, I can afford it!

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