Sure the mansions in Pacific Heights are more, but they are mansions.
Compare like for like.
> A small plot of land in a desirable location is $4M in Palo Alto.
Also, my comparison spoke of price per sq.m. Is there a better way to compare housing costs in different locations?
Are you talking about land only? Or land and house?
If you look at the most expensive sales in SF or the Peninsula, they aren't all that different - just shy of $50M.
Regardless, my comment was more directed to middle to upper-middle class housing, not the $20M mansions in SF or 1,000 acres estates in the Peninsula.
Compare a large single family home in SF to a large, single family home in Peninsula.
Sure the mansions in Pacific Heights are more, but they are mansions.
Compare like for like.