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If your friend is paying only $1200 for a 1-bedroom apt, then that apt is next to a crack house, a liquor store and has hookers standing in front of it.
My wife's cousing just bought a house in San Francisco. Just an average/below average part of town. 40 year-old house, 3 bd, 1 ba, 1 car garage. 1600 sq. ft. , 3000 sq. ft. lot.
Price?: $650,000
Ouch!
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