Post a New Topic
Original post made
on Aug 16, 2012
housing prices are going to Mars followed by apartmental rental prices. Middle class is going to get screwed while the greedy vulture capitalists are fuelling such dramatic increases in everything in this area by marketing these phony useless companies like facebooks, zyngas,linked-ins,etc..People are willing to pay $2000 for a crappy apartment is really sickening and people willing to shell oput $500K for a 1BR/1BA is absurd. When will people realize that they are going to get screwed and will lose their shirts and pants down the road?
Only a fool would buy at these prices.
Jupiterk, why don't you just move somewhere else? You exhibit little understanding of either business or real estate. Its very expensive to live here. Not everyone can afford it. Welcome to "Life 101".
And the politicians salivated at the thought of more propery tax revenue. Thankfully, we with modest incomes have prop 13 to protect us from ridiculous spending plans that might almost seem reasonable to those more affluent.
Are you people so dispirited that all you can do is complain? Go and create something of value; become productive members of society. Society owes you nothing. Figure out what you want to contribute to society, and do it. You'll be much happier!
I'm proud and gladly defend the fact that people can not afford to own a home in the same city as where they work. Who in their right mind would want their maid to be their neighbor???
A massive correction is coming, and soon. Houses will be affordable once again, probably by next Spring. Anybody who buys now is going to get hosed by the market swing.
Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.
Post a comment
Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online.
Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information
We prefer that you use your real name, but you may use any "member" name you wish.
Select your neighborhood or school community: * Not sure?
- Bailey Park
- Blossom Valley
- Castro City
- Cuesta Park
- Jackson Park
- Monta Loma
- North Bayshore
- North Whisman
- Old Mountain View
- Rengstorff Park
- Rex Manor
- Shoreline West
- St. Francis Acres
- Stierlin Estates
- Sylvan Park
- The Crossings
- Waverly Park
- Whisman Station
- another community
Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.
Draeger’s Los Altos eyes upgrades, expansion
By Elena Kadvany | 4 comments | 2,966 views
Housing is for People
By Steve Levy | 26 comments | 1,969 views
College Visit: Lehigh and Lafayette
By John Raftrey and Lori McCormick | 4 comments | 1,343 views
Is Coffee a Date?
By Laura Stec | 12 comments | 796 views
The Opposite of What You Don't Want
By Caroline Fleck | 0 comments | 374 views
Home & Real Estate
Shop Mountain View
Send News Tips
Circulation & Delivery
Palo Alto Online
© 2015 Mountain View Online
All rights reserved.