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1
New Renter
2013 Dec 2, 12:26pm
New Renter
2013 Dec 2, 12:26pm
Makes PA's $500 per foot:
http://www.redfin.com/CA/Palo-Alto/2051-Waverley-St-94301/home/1709682
seem like a bargain!
Odd, Google satellite and street views show a house at that address.
Seems strange to demolish the house on the lot just to sell the empty lot.
2
RealEstateIsBetterThanStocks
2013 Dec 2, 1:32pm
RealEstateIsBetterThanStocks
2013 Dec 2, 1:32pm
great place to live and jog in the morning - inhaling all morning radiation breeze.
http://www.athome.co.jp/ks_14/dtl_6951087470
The lot is ~$700/foot; for the aerial view:
http://goo.gl/maps/VUqDt
(Pretty tony nabe btw, Tokyo's "Brentwood" I guess)
Fresno's $10 - $20/foot is looking a bit better maybe!
Tokyo valuation can easily go up to $2000/foot, e.g.:
http://www.athome.co.jp/ks_14/dtl_6951580126
since a lot with 400% zoning means the ground cost of the typical 900' condo is $450,000, certainly high in absolute terms but only $750/mo in interest costs thanks to their 2% interest rates.
This nice 5000' parking lot:
http://www.athome.co.jp/ks_14/dtl_1027357906
is a cool $5.4M.
Makes PA's $500 per foot:
http://www.redfin.com/CA/Palo-Alto/2051-Waverley-St-94301/home/1709682
seem like a bargain!