[FoRK] Big surge in homes costing $1 million; Bay Area's sales rise 73% as low rates lure more buyers

Sateesh Narahari sateesh.narahari at gmail.com
Thu Feb 3 15:22:38 PST 2005


So, how is the traffic in the bay area these days?. Couple of
questions for local folks there:

1. Is the traffic flow north or south primarily in the morning from the city ?
2. If you work near the SFO airport, what would be an ideal location
to live to have <30 min commute ?.

Thanks,
Sateesh


On Thu, 3 Feb 2005 17:16:51 -0600, Ken Meltsner <meltsner at gmail.com> wrote:
> SF Bay Area real estate has always been insane.
> 
> 1.  A friend claimed to have traced the problem back to gold rush days
> -- there's always been too much money floating around San Francisco
> for the amount of buildable land, was his contention.
> 
> 2.  The price escalation probably isn't as scary if you convert the
> prices from the dollar into a hard currency.
> 
> 
> Ken Meltsner
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