Bhairitu, They're probably selling that for the land alone. The future owner can demolish the old shack and build a new one for a new bigger house to fit the neighborhood.
Also, there's a lottery in the city that advertises for an opportunity to win a brand new home, with a panoramic view of the city, which is probably worth over a million dollars. So, anyone can still live here for almost free, if you're lucky. ---In FairfieldLife@yahoogroups.com, <noozguru@...> wrote : Here it is: http://www.dailymail.co.uk/news/article-3239257/In-America-s-expensive-city-350K-buys-San-Francisco.html http://www.dailymail.co.uk/news/article-3239257/In-America-s-expensive-city-350K-buys-San-Francisco.html BTW, yesterday I heard about a listing for a 32,000 sq ft castle in France on 200 acres of land that you can rent for what it costs to rent a 400 sq ft studio apartment in San Francisco.
