re: 18% of sellers in San Francisco are taking a loss on their House

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When Cali real estate is selling for a loss, things are fricked.

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I’m out here in Santa Barbara right now. It’s beautiful, but at some point you have to realize there’s more to life than weather.

I think my house on the Florida coast is crazy expensive, until I talk to someone here who owns a condo in Venice that cost $1.7 million.

At some point, something has to give.