“6,7 or 8 people crammed into modern houses on 9,000 sq ft lots? Sounds like the barrio. “
A barrio?
I raised my 5 kids in a house on a 7500 square foot lot.
It sold last year for $900,000.00. (I had sold it 11 years ago)
Lot size is meaningless,location is everything.
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You can buy and sell 50 sq meter apartments for a million bucks, doesn't mean I wanna live in one when all my neighbors have the full extended family living with them.