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Asian couple buys street in upscale San Francisco neighbourhood for US$90,000

SAN FRANCISCO: Residents of an upscale neighbourhood in San Francisco have been left shell-shocked after losing ownership of their private streets to an Asian couple. Tina Lam from Hong Kong and her husband Michael Cheng, from Taiwan - both based in California - purchased the streets and sidewalks of Presidio Terrace for US$90,000 at a public auction.

Article by San Francisco News (c) San Francisco News - Read full story here.