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re: $201K monthly payment gets you this house in the most expensive zip code in Silicon Valley
Posted on 5/24/25 at 9:57 am to Street Hawk
Posted on 5/24/25 at 9:57 am to Street Hawk
Some crypto dude will rent it and torture people in it.
0
Posted on 5/24/25 at 9:59 am to One72
quote:
fricking palm trees are a bitch to maintain if you can’t get access to the backyard with a bucket truck.
I ain’t climbing all those shitty palm trees back there.
Pass
if you can afford the house, you can afford to pay someone else to do that
Posted on 5/24/25 at 10:09 am to Tyga Woods
When I used to go to Stanford games, I would walk by a real estate office in Menlo Park on my way to Peet’s Coffee. Back in the late 80s and early 90s there were many listings in the $400k to $475k, including Palo Alto, which seemed really expensive to me at the time. Now those homes are selling for millions.
Posted on 5/24/25 at 10:17 am to Street Hawk
quote:
Property taxes are only $30K per month
He's not going to like the new SALT deductions rule.
Posted on 5/24/25 at 10:23 am to NyCaLa
quote:
The POS 1500 sq ft house my parents bought for for 9k in 1956 is not even in Silicon Valley proper, more like the edge of it.
Zillow estimate is $1,731,600.
Why haven’t they sold it? That is a POS property as you said I’d be happy to cash that in.
Amazing to think how lucky boomers were to grow up when they did. My parents bought property in MT during Covid that has already gone up 100%+ in value in a few short years. Nothing like a 173x return though
Posted on 5/24/25 at 10:24 am to Street Hawk
Houses (and other property) are only worth what someone is willing to pay for it.
My parents had several “mistake” Beanie Babies that are said to be worth top dollar. My sister was all in on making money till she found out that you needed a buyer at the high price before they were worth anything.
My parents had several “mistake” Beanie Babies that are said to be worth top dollar. My sister was all in on making money till she found out that you needed a buyer at the high price before they were worth anything.
Posted on 5/24/25 at 10:33 am to Tyga Woods
quote:
f you can afford the house, you can afford to pay someone else to do that
Great theory.
But in the real world, where the majority of Americans are underwater in debt, palm tree maintenance costs don’t cross their minds.
Neither did that astronomical interest rate on their Tahoe.
You’ll learn one day.
Posted on 5/24/25 at 10:51 am to Tiger Ryno
quote:
Looks like your parents bought a garage
That's a Eichler type mid-century modern home. Very common in pockets of the San Francisco Bay Area.
Posted on 5/24/25 at 10:52 am to One72
quote:
Great theory. But in the real world, where the majority of Americans are underwater in debt, palm tree maintenance costs don’t cross their minds. Neither did that astronomical interest rate on their Tahoe. You’ll learn one day.
What a stupid post in the context of this thread. The house is for sale for nearly 30 mil
Posted on 5/24/25 at 10:55 am to NyCaLa
Tell Jian Yang and the boys hello, Ehrlich.
Posted on 5/24/25 at 1:00 pm to Street Hawk
quote:
He founded the browser company Netscape in the 90s.
People who profited off the internets early age and became billionaires whose products are long gone. See Mark Cuban for more.
Posted on 5/24/25 at 1:07 pm to lsupride87
First thing I noticed was no pool. Good guess on it being covered, but some fancy cover with grass.
Pools can be a positive or negative selling point obviously, but I’d pass on this one if no pool.
Pools can be a positive or negative selling point obviously, but I’d pass on this one if no pool.
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