Visionaries and other thought leaders are fond of suggesting that the way another city, region, country or planet does things is the solution to one of our own pressing problems. “If only we did it the way they do it in Eastern Slobovia, everything would be fine.”
TenX, a real estate auction and analytics company, calls the San Francisco real estate market–and, by extension, our own market–unhealthy. With housing demand strong and prices stable or rising in most Silicon Valley neighborhoods, how can this be?
We made another Top 10 list recently, and like all the Top 10s I’ve reported on, this one has baggage. We only came in seventh this time, not even a podium finish, but I still think it’s worth noting.
“In 2014, the median price of a [Palo Alto] house with less than 1000 sq.ft. of living space surged 40 percent.”
Josh Lipton, “Gigantic Price Tags”, PBS Nightly Business Report, January 16, 2015
You just knew that Boomers had to be good for something, and it turns out we are! We’re aging!
In the ongoing crusade to turn data into meaningful information into big bucks, Money Magazine has named Milpitas the 29th most appealing small town in America. It’s one of only two Bay Area towns–Pleasanton came in 31st–to make the list. I, personally, have no opinion concerning Milpitas (which might mean “little cornfields”, according to Money) because I’ve…
The unholy marriage of journalism and statistics has produced yet another ugly baby.