lgoldhammer Wrote:
Oct 24, 2013 8:29 AM
In the 1990's a nice bungalow or Victorian could be bought in San Fran for $30-40k. Now it's more like $800k. Same with most all cities. Most cities by the ocean/bays will do better in the end for being near the water. Inland, the land will never be as valuable, so it's easier to ruin the area and walk away. But there is still decline in them. I lived in Seattle for a few years and there was rampant homelessness. I went there a few years ago and graffiti was everywhere, and nice areas were in decline. And, decent housing is mostly unaffordable as is the case in most urban areas around America, particularly those on the coastline...