re: Please, won't someone think of the Marin County mansion owners

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Maybe he should commute from outside the city

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My point was lost, or not explained right by me. His house was originally purchased for less than $325k when he purchased it, but gentrification in the last five years has raised values so much in his area that it's now worth $765k. We were discussing how much property values have changed over the last few years. For example, my home was $365k when I purchased it in 2001. It dropped in value to $285k when real estate values plummeted nationwide. My newest valuation is now $586k. All the new homes around me are going in at values of $685k - $850k, driving up values (and my taxes).