SF luxury homes hold value, unlike LA
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It's not surprising, but the number's good to know: Stats from First Republic Bank place San Francisco luxury homes at an average $3.01 million in value. It's a new high and a slight increase from last year. By contrast, high-end homes in Los Angeles are off 3.8 percent. San Diego luxury home values dropped a full 7.8 percent. Does that mean Brentwood bulldog daddy Jason Calacanis will pay lower taxes now? That guy has an angle on everything. (Photo by Jason Calacanis)