It's not just Lake O anymore by any means. I live in a modest, mostly working class neighborhood of homes built in between 1900 and 1950. Zillow has determined that lots and lots of them are valued at at least a million bucks. (Not mine, unfortunately - I'd take the money and run if that were the case!!)
Here's a foreclosure in a part of town that is not great by any stretch, a couple of miles from where I live... Portland home prices will cause heart palpitations...
(Sorry about the hijack Larry! Couldn't help myself!))
