Why would someone pay 3.4+ M for 1020 sqft - https://www.redfin.com/CA/Palo-Alto/3519-Emerson-St-94306/home/1732003?1280460695=variant&600390594=copy_variant&231528114=control&1077477207=variant&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet
Um maybe because a galley kitchen and a janky washer/dryer situation is THE DREAM
It’s for prestige, so this immigrant software programmer buyer and his RSU’s can show up his other immigrant frenemies and win class warfare.
it's the location
It’s for the real estate not just for the 🏡. Also, why would someone work at Twitter?
Pretty happy at twitter actually. Huge scope , huge scale, great WLB, good engineering culture, good comp(for the hours I spend at work) - what else do you need 😜
Why would someone work at Snap? 😂 You guys are winning hearts and minds and making such an incredible impact to humanity ay?
Palo Alto and 7.5k lot. Probsvly will rebuild eventually
Could fit a 3k house on the lot starting from scratch. That makes it a $4m house in the end.
Assuming no wonky rules about new builds etc that is. In the bay area I could see the locals trying to get a rebuild shut down just because they don't want to see dirt for a year.
Rebuild for 5 mil and sell it for 10 mil.
It’s close to the railroads, so the buyer can easily hitch a ride on a train
you really think someone paid 3.4 mil to ride the train
If you want to keep a close eye on your daughter who is going to Stanford and Dad has the bucks
1.5M above list price! A lot of people have money that they made from stocks and crypto that they’re trying to spend and houses seems to be the first place.