You can buy an entire town in Georgia for the cost of a typical home in San Francisco


The town is worthless. Watch Schitt$ Creek

That’s nothing!
When we were at Redfin, I posted something about this town. The neighbors were saving money to buy one home from the 600 I believe were for auction. The day of the bidding, the mayor come out and said the sale was done. A RE company, Blackstone I believe, may be wrong, had bought them cash in hand.

What is a town worth? Why doesn’t the owner sell off the individual properties?
Pretty obvious no one in the area has $1.7m. But maybe they could come up with $100k for a house.
The seller should just list every property separately. More than 20 at $100k each.

Oooooh Retirement!