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Got a couple friends. They sold their half-million-dollar condo in Playa Del Rey and with a little help from their folx, bought an $800k SFR in Manhattan Beach. It's across from the cemetery, on a busy road, with a postage-stamp yard and 900 square feet of space. THEY'RE SCHOOLTEACHERS. Also lovely people. Also with three kids. It's super-awesome that their eldest now gets his own bedroom and it's grrrreat that they have a yard big enough for a swing set (just) but it's a true mark of the insanity at play that (A) this house rounds up to a million dollars (B) our financial system puts schoolteachers in it (C) schoolteachers have to take on that kind of debt to live within an hour of where they work. It cannot continue.