1/2 The Homes In San Francisco Now Over 1 MILLION dollars-Billionaire's Bay

Shalimar said:
I didn't realise that Annie. I just don't get the problem?
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She took it personally. Of course a funny smiley would have been appropriate but someone else before me said they wouldn't pay her to live in SF and she didn't get annoyed by that.
 

This is my niece`s house in San Francisco. To be honest,I`m not sure if it`s the one on the right or the left (I think it`s the left) as I have only been there once and that was ten years ago. At that time,it was all brown wood shingle type siding but they did a 2 million dollar (choke) remodel two years ago so I`m not sure which one it is. My niece and her husband are both 40,have three kiddos,he is a stockbroker and she is a consultant. They appear to have all the money in the world. Zillow estimates the home to be worth 4.5 million dollars. It even has a regulation bowling alley in the basement. However,I think they were actually given the house by my nephew in law`s parents. He grew up in this house and I see that the last date of sale was 1986. He would only have been 11 at the time so that has to be when his parents bought it. For 440,000. It has seen a 773% increase in value in 30 years.....https://www.google.com/maps/place/1...!4b1!4m2!3m1!1s0x0:0x1698f1703ca7e782!6m1!1e1
 
Back around 1990, I had looked at buying a home in San Francisco, either in the Nob Hill District or out by the Marina District. I was considering flying international for the airlines, but wanted to be located in a city with an airport that flew the non stops to international cities. I fell in love with SF the very first time that I visited the city. While looking at real estate with a realtor, I soon learned that this city was not for the weak at heart. It was very expensive, even back then. I had looked at a beautiful refurbished Victorian home on Nob Hill and sat just on top of Fisherman's Wharf that had all of the woodwork redone, new floors, new electrical and plumbing was also completed. It was only 1800 sq. ft. and had 2 bedrooms and 2 1/2 baths, 1 fireplace and a 2-car garage. Asking price was $595,000.00. Today, that house is probably worth twice that amount. Here's an example: http://www.realtor.com/realestateandhomes-detail/640-Victoria-St_San-Francisco_CA_94127_M18490-58497

I had just read an article recently about SF and the writer wrote that the middle class is all but gone from SF because it has become so expensive to live there. The writer also made a point stating that SF is still the number one favorite for the country's homeless. I still travel there when the opportunity arises. I used to fly there non stop from Washington, D.C. There is nothing like a stroll through Golden Gate Park on a warm Sunday afternoon. I went to a Grateful Dead concert on a July 4th several years back in Fisherman's Wharf right in front of Pier 39. It still remains one of my favorite cities.
 
Well,he`s actually going to replace the 4 houses with 4 smaller ones-which probably isn`t a bad thing since the families in that area tend to be smaller than they were years ago. But I totally understand the neighborhood`s concerns as to what Zuckerberg plans on doing with the homes. Will they be used (sold or rented) as regular residences or be used as part of his compound....
 
The question is what is going to happen on that "compound" and will it increase neighborhood traffic. Four new structures doesn't necessarily mean 4 residences or places to live.
 
Well Oldman, your comments do bring back old memories for me. We had family in or near SF back then and still to today. My wife's sister now lives near Petaluma they raised their family in San Rafael, her sisters two girls now live around SF in the suburbs. I have friend also living just south of SF and telling about things occasionally. My wife and daughter were out their last fall and met the relatives. It was an all girls outage so I was not asked. I sure do miss my old friends and family but have no love of how the economy is going out there and how in the way all us poor folks are being. Too much federal meddling with things and we are in big trouble for it.
 

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