I live in Berkeley, which is, admittedly, not a rational place. By any stretch. Still, I was flabbergasted when an apartment a block away (1100 sq. feet, the third floor a converted old house that had been a TIC) sold for just shy of a million dollars. That’d be around $900 a foot. Up 47 stairs. It sold after two days on the market. It’s a nice house, but this is greed and lunacy at work.