Those of you with an appetite for the bizarre may already know this odd-looking house visible from the Eugene A. Doran Bridge on Interstate 280 in San Mateo County. You may have mistaken it for a large fungal growth, but an edgy fungal growth.
I get that social media is a big part of your life. I am hip. I even have my own Facebook page, which has thirteen likes and would have many more except that it competes with lots of other Facebook pages in particular and just plain noise in general and, apparently, it’s not very good.
The good news is that Millennials are moving out of their parents’ spare bedrooms. The bad news is that they’re moving into rentals. The good news is that many of them are moving here. But that might be bad news if you already rent here, or are trying to buy a home here.
Actual photo, taken from the actual MLS, of an actual house in Santa Cruz. I’m pretty sure the house has been Photoshopped, but the sky in select California communities really does look like this (buyer to verify).
Years ago the Thought Leader of renters-by-choice assured us that “rents are limited by the money people earn”. In Thought Leader’s tidy left-brained world, if you earned X, your rent could never exceed Y. It was one of those “immutable” laws of economics.
Feeling lucky? Then make an offer on this lovely maximum-security bungalow.
1. Start a sentence describing the condition of your home with “I don’t think anyone needs to know this, but…”
2. Find an agent who agrees with you.
Friday morning I toured the new Palo Alto inventory, and it was like I was touring Wonderland. I’m not sure which emotion I felt most, shock or awe.
How did prices get this way? How long will they stay this way? What kind of faith, stock options and bank accounts do home buyers need to pay these prices?