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by dkarl 2004 days ago
> when land was still cheap

Twenty years from now, you will be able to tell the same story about wherever high-earning, highly educated young people settle in the meantime. All you have to do is predict and buy in.

1 comments

Land was cheap in the Santa Clara valley in the past. Huge portions were still orchards and farms that were selling out for new subdivisions. The issue is it's a valley. There's no more open land unless you move impractically far away.

Growth in any area will raise prices but here the issue was compounded by a lack of extra land available after the cheap land was sold.