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<p>But, aren’t those areas high cost because of the good schools? High cost is also somewhat relative. My parents were able to sell our 1200 sq ft. shack in the Bay Area to buy a huge 4 BR house in Deerfield entirely w/ cash (no mortgage). The house in Deerfield cost roughly 1/2 of what we sold the 1200 sq ft. shack for.</p>