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Message
re: A condo just sold in Palo Alto, California for $5.3 million dollars
Posted on 3/15/26 at 6:53 am to James11111
Posted on 3/15/26 at 6:53 am to James11111
quote:
There are much better places to live in the Bay area.
It's probably a proximity buy, especially since it's a condo, The buyer may want to be close to Stanford, or any of the big tech companies there.
0
Posted on 3/15/26 at 7:07 am to AUbagman
quote:I ascribe to the sentiment of the quote ascribed to Josephine Baker: “I been rich and I been poor. I like rich better.”
Not what it’s cracked up to be. You die regardless.
Posted on 3/15/26 at 8:00 am to northshorebamaman
Right arm longer than left arm.
PITA buying dress shirts.
Palo Alto homes, like many in that area are selling for big $$$$, but I'd be in Alameda.
PITA buying dress shirts.
Palo Alto homes, like many in that area are selling for big $$$$, but I'd be in Alameda.
This post was edited on 3/15/26 at 8:01 am
Posted on 3/15/26 at 8:15 am to THRILLHO
Florida leads the way (most years) by a wide margin of home purchased by foreign investors. In 2024-2025 Florida had 21% of homes bought by foreigners followed by Cali at 15%, and Texas at 10%. Those three states accounted for 46% of all home purchased by foreign investors in the USA that year.
In Florida’s case you’d be surprised how much of this is Canadian and Brazilian investors. These are not the typical dog and cat eating immigrants imagined by MAGA they are wealthy investors often with dual citizenships.
In Florida’s case you’d be surprised how much of this is Canadian and Brazilian investors. These are not the typical dog and cat eating immigrants imagined by MAGA they are wealthy investors often with dual citizenships.
This post was edited on 3/15/26 at 1:04 pm
Posted on 3/15/26 at 8:21 am to James11111
quote:
I'm not a fan of Palo Alto. Its a mix of 60s and 70s style houses and generic new apartment complexes. Too much traffic as well
When we were looking at second home/place to invest in real estate 15 years ago Palo Alto was a place we visited. We wanted a mild summer, college town, nice downtown, nearby airport, and etc.
We loved Palo Alto but the price point was nearly impossible. Even Madison, WI, and Boulder, CO are way cheaper.
In many way I think Palo Alto is more expensive than NYC and Aspen.
Posted on 3/15/26 at 8:31 am to Cornholio
quote:
Who in their right mind would want to pay for overpriced real estate around a bunch of left wing liberal lunatics?
That's what I said about Bitcoin at $1000. Except for the real estate and liberals part.
Posted on 3/15/26 at 8:38 am to Street Hawk
Why do these areas price out the poors?
Posted on 3/15/26 at 8:41 am to SludgeFactory
Capitalism.
Posted on 3/15/26 at 8:41 am to jscrims
Its for his e-cred that he pathetically cares so dearly about
Posted on 3/15/26 at 10:24 am to Cornholio
Palo Alto has some of the best weather in the world. I spent four years at Moffett Field. The entire area is wonderful.
Posted on 3/15/26 at 11:06 am to thumperpait
quote:
I remember back in 1990, I quarter acre on siesta key cost 250,000.
That wasn't water front, was it?
Posted on 3/15/26 at 11:19 am to Cornholio
other left wing liberal lunatics
Posted on 3/15/26 at 11:33 am to THRILLHO
quote:
There are quite a few issues that are driving up housing costs for proper American citizens.
Everything is relative. If you take a job with a company there, the pay will reflect the COL. same as if you were in Lawrence, KS. But I agree with you on the other points. But nothing will ever change concerning those last two points you made.
Posted on 3/15/26 at 1:58 pm to Cornholio
quote:
Who in their right mind would want to pay for overpriced real estate around a bunch of left wing liberal lunatics?
The reason it is so expensive is that it is in high demand. “No one goes there any more. It’s too crowded.”
Posted on 3/15/26 at 3:11 pm to N2cars
quote:My arms or the shirts?
Right arm longer than left arm.
PITA buying dress shirts.
Posted on 3/15/26 at 3:33 pm to northshorebamaman
Looked like your arms...
Posted on 3/15/26 at 3:44 pm to N2cars
Well, I wasn't standing for measurements.
The shirt is a sweatshirt with the sleeves pulled up.
And that downvote wasn't me baw so I tossed you an upvote to balance it out.
The shirt is a sweatshirt with the sleeves pulled up.
And that downvote wasn't me baw so I tossed you an upvote to balance it out.
Posted on 3/15/26 at 3:49 pm to northshorebamaman
Yeah, I was j/k. My right arm is almost an 1" longer than my left, hence the dress shirt commrnt.
I figured yours was longer from lobbing TF outta those grenades.
I figured yours was longer from lobbing TF outta those grenades.
Posted on 3/15/26 at 3:53 pm to jscrims
Stating a fact is antagonistic?
Posted on 3/15/26 at 3:54 pm to Street Hawk
Unless it was rural area of California, there is nothing about California that would make me want to go there
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