Inside San Francisco's Million-Dollar fixer-upper homes

In San Francisco's crowded housing market, buyers aren't always after the homes, decrepit as they may be — they're after the location.

The city's limited housing stock and subsequent housing shortage and crisis translate to even these dilapidated houses selling for north of $1 million. As demand outweighs supply, the value of land and the homes sitting atop it — whether they're intact or otherwise deteriorating — rises.

BUSINESSS INSIDER - A $27 million ‘trophy’ San Francisco mansion a block away from ‘Billionaire’s Row’ is now for sale

The home on Pacific Avenue in San Francisco’s Pac Heights neighborhood is what the home’s listing agent calls a “trophy property.”

SF GATE - Will the housing market crash in 2020?

We ask financial experts to look ahead.

NEW YORK TIMES - Where Are the Tech Zillionaires?

San Francisco faces the I.P.O. Fizzle

SF GATE - Grand and opulent mansion near San Francisco's Billionaire's Row asks $26.8 million

The home kept its historic facade while most of the interior was given over to the designers.

SF GATE - Lavish Renaissance Revival-style mansion in Pac Heights asks $26.8M

Built in 1904, this not-so-humble home once hosted the SF Decorator Showcase

NEW YORK TIMES: San Francisco Will Drown in Millionaires

Uber, Lyft, Airbnb and Pinterest plan to go public. California’s newly minted rich will be hungry for parties, houses, boats, bikes — and ice sculptures. Here comes the big one!

ABC 7: IPO 'Tidal Wave' expected to drive up San Francisco home prices

IPOs, or initial public offerings, are expected this year for major tech companies which could leave employees of those companies flush with cash to spend on a house. In San Francisco, thousands of young people are on the verge of becoming instant millionaires and buying into the housing market and driving it up.