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New York, 12:52 PM
Mon Nov 23
25 posts in the last 24 hours

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  • posts about #jawedkarim more →

    The Insanely Rich Kid Next Door

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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of Clarence Rosario Clarence Rosario
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    Good to see that some things never change in this go-go digital world.

    Money still can't buy taste. #jawedkarim
     Reply
    Clarence Rosario was starred Clarence Rosario was unstarred
    Image of raincoaster raincoaster
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    When I grew up, communes were for the POORS! Now, get offa our lawn! #jawedkarim
     Reply
    raincoaster was starred raincoaster was unstarred
    Image of pureblarney pureblarney
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    I can haz application to be troaffee wife?
     Reply
    Edited by pureblarney at 10/28/09 6:09 PM pureblarney was starred pureblarney was unstarred
    Image of GORDONGARTRELLE GORDONGARTRELLE
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    Even worse, Jame Gumb is parked out in front of your house. #jawedkarim
     Reply
    ms_priestypants promoted this comment GORDONGARTRELLE was starred GORDONGARTRELLE was unstarred
    Image of burbed burbed
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    It's normal to pay at least $550 per square for non-ghetto houses in Silicon Valley.

    In Palo Alto, the norm tends to be $800 per square plus.

    You might appreciate some of the houses here:

    [www.burbed.com]

    Today's entry is pretty good... $1.5M for a 5br/3.5ba. You pay $15k a year in property tax. And you get to live next door to a Museum of Rusted Trucks In a Driveway - who pays only $1k a year in property tax!

    Scroll down further for the house that recently went for $1294 per square foot. ($885k for 684 sqft.) I think it's closer to where Zuck lives.

    Ah, to go back to the peak of the housing bubble days when houses like these would go for twice the value. Oh well. Now Silicon Valley is all affordable. :( #jawedkarim
     Reply
    themediatrix promoted this comment burbed was starred burbed was unstarred
    Image of Lymed Lymed
    10/28/09

    In reply to The Insanely Rich Kid Next Door
    Have you looked at real estate prices in Palo Alto? Most American suburbanites would be forced to live in a closet. Seven months out there and I thought I got a deal buying a house in DC. #jawedkarim
     Reply
    Lymed was starred Lymed was unstarred
    Image of nirreskeya nirreskeya
    10/28/09

    @Lymed: Very true. Many of the houses in the neighborhood being discussed here are in the 600-1200 sq. ft. range and they were almost certainly fetching seven figures in 2006/2007. They've come down since then, but it's still insane. I see one that's 1100 sq. ft. for $1.1 million and one 684 at $885k. I'm fairly certain this is among Palo Alto's cheapest single-family-home neighborhoods.

    Also, it is called College Terrace, not College Park. It's correct in the tags, just not within the article copy.
     Reply
    Edited by nirreskeya at 10/28/09 7:15 PM nirreskeya was starred nirreskeya was unstarred
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