From our observant friends at Socketsite who noted #67 on Business 2.0's 101 Dumbest Moments in Business:
67. Can't keep up with the Joneses? Heck, it's bad enough just trying to keep up with the appreciation on their dilapidated Victorians. In March the median price of a single-family detached home in the San Francisco Bay Area rises more than $1,000 per day. By month's end, it swells to $106,000 above the previous year's median -- 43 percent more than the area's estimated average household income of about $74,000.
Just as long as they don't go down 1K a day in value in March of 2006, right? The lovely bit of previously-dilapidated Victoriana above was just listed at $1,795,000 with Pacific Union.
? Dumbest Moments in Business: Real Estate [Business 2.0 via Socketsite]
? 875 Castro Street [Pacunion]