Re:No ‘For Sale’ Sign? Silicon Valley Buyers Aren’t Deterred
by jedberg on Tuesday September 06, 2016 @02:39PM
(#12438238)
Schools and commute time. If you work at Google of Facebook (or near them) PA is the only reasonable commute, and if you want your kids to go to great schools, it's the only option.
[ Parent
| on HN ]
Re:No ‘For Sale’ Sign? Silicon Valley Buyers Aren’t Deterred
by RestlessMind on Tuesday September 06, 2016 @04:43PM
(#12439156)
I just posted this elsewhere in this thread: Median home prices in Palo Alto are 2.48M compared to 1.43M in Mountain View or 1.39M in Sunnyvale[1].
While public schools in Palo Alto are btter, you have the option of private schools in MV/Sunnyvale (which are better than public schools in PA) for 20-25K/year, which still comes out to ~300K per child.
And commute time to {Google, Facebook, Apple, San Francisco, etc} is similar from these 3 suburbs - I don't think PA is any better, especially when you consider the possibility of moving around various companies in the bay area.
[1] http://www.zillow.com/palo-alto-ca/home-values/ http://www.zillow.com/sunnyvale-ca/home-values/ http://www.zillow.com/mountain-view-ca/home-values/