S.F. versus Sacramento: What type of home can you buy for under $1 million?
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The exodus of people leaving San Francisco and the Bay Area during the pandemic is well-documented, but more and more data shows that people are not fleeing for Austin or Miami, but for areas much closer where the cost of living isn’t so high like Sacramento.
That raises the question of what the real estate market in Sacramento looks like compared to San Francisco these days, especially on the more affordable end of the market, or what counts for “affordable” these days. What kind of house can you buy for under $1 million in each place?