If market conditions warranted it, someone would find a way to make a profit on modest construction. I would think that the Bay area is bursting with people ye

If market conditions warranted it, someone would find a way to make a profit on modest construction. I would think that the Bay area is bursting with people yearning to buy a real house for around $350K or less. If you could magically find the land to create such a subdivision, I'd bet you'd sell out in days.