Re:Ask HN: Why no dorm-style living for ppl in incubators in...
by _delirium on Monday April 01, 2013 @03:57PM
(#5475488)
That's definitely true in Palo Alto, Atherton, etc., but San Jose has been pretty open to denser redevelopment, especially around downtown and Diridon Station.
Re:Ask HN: Why no dorm-style living for ppl in incubators in...
by gtbcb on Monday April 01, 2013 @04:29PM
(#5475700)
I agree, and this makes sense; however, I would think that creating cheaper living for the right kind of people (e.g. aspiring entrepreneurs) would be something that even the owners of these million dollar houses would be open to given that Palo Alto is the hub of entrepreneurial activity on the peninsula and seems to be something that the community takes pride in.
Re:Ask HN: Why no dorm-style living for ppl in incubators in...
by argonaut on Monday April 01, 2013 @06:35PM
(#5476378)
No. You average (or at least the plurality demographic) million-dollar-house owner in Palo Alto is a middle-to-late-aged married couple that probably does not care about entrepreneurship.
Reading the real estate ads in Palo Alto newspapers, it's extremely obvious that if developers could build to density where it made economic sense to, the housing bubble would disappear immediately. But it's a huge pain to get even the smallest project approved, and deliberately so.
I don't think it's right, but that's how it is.