QUOTE:
A 1,500 sq. ft. 40 year old tract house in Los Angeles in a suburb with a 5,000 sq. foot lot goes for about $400k.
That's a STEAL, I'll take TWO !!
(up here, a beater in an OK 'hood starts around $600k, then you have to outbid the other people who think this is a deal too.....)
-Chris