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How Insane Is San Francisco's Housing Market? Here's What A Cool Half Million Will Buy You

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News video: How Insane Is San Francisco's Housing Market? Here's What A Cool Half Million Will Buy You

Most Americans are aware that the cost of housing in San Francisco is astronomical.

But a recent real estate listing shows just how out of control prices have become.

In a home built in 1908, a 385 square foot studio apartment is for sale.

A studio apartment is basically one single room, with a tiny bathroom and kitchen.

The price?

In this tony Presidio Heights neighborhood, realtors say it's a steal at almost $500,000.

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