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I'm looking at the last cheap parts of the Peninsula and trying to figure out how to gentrify -- East Palo Alto and parts of Menlo Park and unincorporated San Mateo County.

This basically happened a decade or two ago with Foster City.

It seems quite an arbitrage opportunity that a house which goes for $2-2.5mm in Palo Alto goes for $300k in EPA just a mile or two away.



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