How to buy an old house for $1.2M and still live to 100
The average price of a house in San Francisco, which is the capital of the U.S., is now $1,300,000, according to real estate agents.
The median price for a house is $900,000.
The median income for a San Francisco resident is $82,000 per year.
That’s not even including a hefty amount of property taxes, which add up to $1 million per year, according the real estate industry magazine The National Association of Realtors.
Ellen and Bob moved into their old house last year, but it took a year and a half for it to be put up for sale.
They had to make several trips around the Bay Area to buy the home from a builder.
Ellen is a real estate broker.
She was not involved in the bidding process, but she said the home is “worth the price.”
Ellen said she did not have much interest in buying the home and had been thinking about buying a house but “there’s not a lot of interest right now.”
Ellens sister, Kathy, a realtor, said she bought a house on the other side of town for $100,000 and is planning to move in.
She said she likes the neighborhood, and she wants to live in the neighborhood.
Ellens sisters plan to spend their last year in the Bay.
Ellenes mother-in-law, who was living with them, is a lawyer.
She said she hopes to get a job, but her mother- in-law is working.