The other day, a commenter named Martin posted this (edited) comment:
I selected a decent house in Daly City. It costs $514,900. Other houses before this one I consider a junk.
Sorted by price from low to high. So, it’s 9th, out from 339.
A tiny amount has a household income above 150k.
So, what can justify this kind of house pricing???!
Why it costs so much and who can afford it???!
Daly City is a dirty neighborhood with a worst weather on a peninsula.
I wouldn’t buy this house even for 100k!
Let’s look at the house he found:
Hey that looks familiar!
Why, it’s from the famous “Yellow house that had me at hello” post from back in August…
And the original post back in January:
Wow! What a wild year it’s been!
Come on Martin – this house has already been reduced 39%. Buy it! It was meant for you!