SV is a crazy bubble to be in. Scroll through the very average 'middle class' $3M+ homes in Menlo Park / Palo Alto to get a sense of how distorted things are here
I thought average was around $1m, but that's even more "wow" at $3m+.
I guess I can see how if you get in early, the property can really appreciate. I've seen that to an extent with my house going up 10% in a couple years of ownership.
I guess I can see how if you get in early, the property can really appreciate. I've seen that to an extent with my house going up 10% in a couple years of ownership.