By Katie Canales and Melia Robinson
It’s no secret that buying a home for under US$1 million in the San Francisco Bay Area is a nearly impossible task. Case in point: Somebody has paid over US$900,000 for a burned-out home.
As Silicon Valley churns out more millionaires San Francisco’s housing values rise even higher
The one-story, single-family house at 1375 Bird Avenue in San Jose, California, was ravaged by fire two years ago. In photos, the structure appears…
Source : South China Morning Post
Read more…Silicon Valley’s housing market is so dire, a burned-out home just sold for US8,000
