patrick.net

Who cares? It is a generally overrated place. The only people really interested in it are the ones obsessed with school API scores. There is no sound logical reason to want to live there, unless you work at Apple & want to bike to work in under 15 minutes or something.

Also, don't assume that all of the Asian people you see there are Chinese nationals / foreigners. Many Chinese-Americans are naturalized- or born-citizens and also fluent in Mandarin and/or Cantonese. They certainly have a different mentality about school than the "typical white American," but they aren't necessarily FOBs.

Getting down to it the reason its expensive in Cupertino is that there are a lot of large tech companies in the area and there are probably enough well-paid people who work in those companies and also want to live close to work. As far as the area itself its not all that remarkable in any way so logically its less about its appearance and more about proximity. Frankly I'm fine with it being super expensive there because I really have no interest in living there anyway since I find the area boring and pedestrian. Thus those that do can have it alllll to themselves.

High demand and low inventory. Not sure about investments from foreign countries but it is a fact the majority of the homeowners are asians ( as somebody could be second/third generation. a major economic crisis in bay area could change it - i don't know

edvard2 says

Getting down to it the reason its expensive in Cupertino is that there are a lot of large tech companies in the area and there are probably enough well-paid people who work in those companies and also want to live close to work.

Over the years.. more in Santa Clara-Sunnyvale than Cupertino.
Most people commute from Fremont, and So San Jose. So Cupertino employers are not a factor. Many employers clearly have moved around the south bay every so 3-5 years, so close proximity isnt a factor either.

dellman says

a fact the majority of the homeowners are asians ( as somebody could be second/third generation. a major economic crisis in bay area could change it - i don't know

Was true even in the 80s and 90s. But that didnt stop prices from falling.

It's just different there.

thomas.wong1986 says

So Cupertino employers are not a factor.

Christ. Apple's R&D & SG&A was $3.3B in the MRQ. That was their total annual sales 10 years ago.

Thomas World must be a very interesting place.