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Post by Drew on Jan 30, 2016 2:39:54 GMT
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Post by mom on Jan 30, 2016 2:42:29 GMT
OMG. Yeah keep looking!
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Post by txdancermom on Jan 30, 2016 2:42:50 GMT
Palo Alto is expensive - my brother lives near there....
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Post by cadoodlebug on Jan 30, 2016 2:43:28 GMT
Well, that is in Palo Alto. Across the bay you can get maybe a 3 or 4 single family home for that. IF you can find it. Rental market is tight.
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Post by tenacious on Jan 30, 2016 2:43:55 GMT
Palo Alto is insane....on a side note, I grew up about 3 blocks from that place!
Good luck with his search. It will not be easy to find anything affordable in that area. But, lucky him that he gets to work in such a lovely community!
Erin
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scrapngranny
Pearl Clutcher
Only slightly senile
Posts: 4,763 
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Post by scrapngranny on Jan 30, 2016 2:44:35 GMT
Good grief!! We moved from the Bay Area 24 years ago....don't think we can afford to move back. LOL
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Post by annabella on Jan 30, 2016 2:46:10 GMT
Seems like a fair price for San Francisco, but what's in Palo Alto, is it close to a particular company?
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Deleted
Posts: 0
May 29, 2024 10:16:39 GMT
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Post by Deleted on Jan 30, 2016 2:50:28 GMT
Sounds pretty typical for the Bay Area. I have a friend who lives in Palo Alto and bought his 1 bd/1 ba ~800 sf apartment for about $1.1MM.
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Deleted
Posts: 0
May 29, 2024 10:16:39 GMT
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Post by Deleted on Jan 30, 2016 2:52:30 GMT
Seems like a fair price for San Francisco, but what's in Palo Alto, is it close to a particular company? Well, Stanford is there. Facebook is close. Google is close. Apple is close. Literally thousands of other companies are in close proximity. It's Silicon Valley, for goodness sake. |
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stittsygirl
Pearl Clutcher
Posts: 3,580
Location: In the leaves and rain.
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Post by stittsygirl on Jan 30, 2016 3:07:39 GMT
Wow! I won't side-eye our rent anymore, it could always be worse  . My MIL grew up in that area. Her parents owned a home there, and then helped her older sister and her husband buy a home in the neighborhood as well, all back in the forties and fifties. Neither home was much to look at, but both went for well over a million each when the family finally sold them in the early 2000's. Just crazy prices. |
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scrappinghappy
Pearl Clutcher
“I’m late, I’m late for a very important date. No time to say “Hello.” Goodbye. I’m late...."
Posts: 4,306
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Post by scrappinghappy on Jan 30, 2016 3:10:07 GMT
So is the salary three or four times more that other areas? I know when ds had a summer job with Google he earned more in 10 weeks then I did all year and he was an UNDERGRAD STUDENT INTERN!!!!
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Post by lorieann13 on Jan 30, 2016 3:11:56 GMT
And I thought our area was over priced at $1900-2500 for an appartment like that.
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Post by tenacious on Jan 30, 2016 3:17:33 GMT
Wow! I won't side-eye our rent anymore, it could always be worse . My MIL grew up in that area. Her parents owned a home there, and then helped her older sister and her husband buy a home in the neighborhood as well, all back in the forties and fifties. Neither home was much to look at, but both went for well over a million each when the family finally sold them in the early 2000's. Just crazy prices. I just looked up our old home, a few blocks from there...it was built in 1938 and I think was 1500 square feet. VERY modest house on a busy street. Um, yea, Zillow has it estimated at 2.4 million!! That is pure craziness... Erin |
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Post by bc2ca on Jan 30, 2016 3:27:23 GMT
A friend's DD sublet an apartment in San Francisco last summer and would have loved 970 sq ft  I think their place was half that size and there were 3 of them, so one had the curtained off eating area of the kitchen for a bedroom. That was OK temporarily, but she is moving back in the summer and struggling to find a decent long term rental. Good luck to your DH! |
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Post by anxiousmom on Jan 30, 2016 3:41:32 GMT
Seems like a fair price for San Francisco, but what's in Palo Alto, is it close to a particular company? Well, Stanford is there. Facebook is close. Google is close. Apple is close. Literally thousands of other companies are in close proximity. It's Silicon Valley, for goodness sake. I didn't realize that Silicon Valley was Palo Alto. I don't live in CA (pretty much the exact opposite) and never really knew that the two were the same. An apartment like that here would probably be in the $900 range. |
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Post by Darcy Collins on Jan 30, 2016 3:46:08 GMT
Why is it posted in Gold Country?
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Post by ntsf on Jan 30, 2016 3:48:39 GMT
my son is looking for a place in SF...and they are willing to spend up to $2300 and can't find anything over about 300 square ft. they just got rejected from another place cause his credit is low (his girlfriend's is good)..but their income has to be 3 times the rent. so they are looking to rent a master bedroom for about $2000... palo alto is the center of the south bay..but sf is much more than that. that place would be 4000 at least.
our area has added 30,000 jobs and 3000 units of housing.
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Deleted
Posts: 0
May 29, 2024 10:16:39 GMT
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Post by Deleted on Jan 30, 2016 3:50:25 GMT
anxiousmom , here's a map that gives you an idea of where Silicon Valley is and what it includes. Palo Alto ≠ Silicon Valley, but it's in it  Facebook HQ is in Menlo Park, Google is in Mountain View, Apple is in Cupertino, just so you can see where some of the biggies are. 
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Post by ntsf on Jan 30, 2016 4:03:54 GMT
what makes it worse in san francisco, is 6000 people who work in silicon valley take buses daily from san francisco...paid by employers..so all the young people want to live in sf, and work in silicon valley...then there are the regular car commuters like my dh, and more who take the train down from sf to sunnyvale, palo alto, etc.
a almost tear down house 1 block for me sold last year for 1,5 million. they are replacing everything...including adding a floor underneath..
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scorpeao
Pearl Clutcher
Posts: 4,521
Location: NorCal USA
Jun 25, 2014 21:04:54 GMT
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Post by scorpeao on Jan 30, 2016 4:13:19 GMT
It's insane all over that area. I would love to move there as the job opportunities are plentiful. However, I could make about 70k, but the increase in pay, and then some, would all go to rent. Not really worth it. I couldn't even THINK about buying a house.
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Post by PolarGreen12 on Jan 30, 2016 4:19:26 GMT
Lmao
That looks just like my apartment in college. I had a 2 bedroom 900 sq/f and it was $410 a month!! That was 2003.
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Post by beaglemom on Jan 30, 2016 4:28:42 GMT
Where abouts is he interested in? And is it just him or will you and more family be joining him? |
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Post by beaglemom on Jan 30, 2016 4:30:13 GMT
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Post by beaglemom on Jan 30, 2016 4:34:17 GMT
Or this in Mountain ViewShoot looking at all this we should rent our house out for 6 months and live somewhere else! Houses in my town with similar bedrooms/square feet are all renting at $6,000-$12,000 a month! That is way more than our mortgage + property taxes!
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Post by monicad on Jan 30, 2016 4:55:50 GMT
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Post by papersilly on Jan 30, 2016 5:44:59 GMT
Palo. alto. Enough said.
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Post by MalleyCat on Jan 30, 2016 6:34:07 GMT
Do you also live in the Bay Area with your husband?
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BarbaraUK
Drama Llama
Surrounded by my yarn stash on the NE coast of England...............!! Refupea 1702
Posts: 5,961
Location: England UK
Jun 27, 2014 12:47:11 GMT
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Post by BarbaraUK on Jan 30, 2016 9:50:11 GMT
Oh gosh! We have similar apartments in parts of London too where the rents are sky high,
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