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Why is Sunnyvale so damn expensive?
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2013 Jul 27, 8:48am 3,250 views 8 comments
by SJ ➕follow (0) 💰tip ignore
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An for those single of you that wonder why there are too many guys and almost no girls in the bay area, it's because of the names of the cities:
men-tan-view
sunny-male
men-lo-park
man-jose
(oldie, but still funny :-) )
Dan8267
2013 Jul 27, 1:35pm
Why is Sunnyvale so damn expensive?
I don't know. It's full of vampires. Oh wait, that's Sunnydale. I miss Buffy.
Dan8267
2013 Jul 27, 1:36pm
Because it is relativity close to Google, Facebook, and Apple.
Yep, that's it. Some high paying jobs means skyrocketing real estate prices even if most jobs in the area are low paying because there is a, possibly false, perception that most people in the area are going to be rich.
Eman
2013 Jul 27, 2:21pm
Sprawl factor. Santa Clara and San Jose will become very expensive on the next housing cycle if they aren't already. Those who can't afford to rent in these cities will have to move to Morgan Hill, Gilroy, San Martin, etc. and commute. Well, even Morgan Hill is not cheap now. Like it or not, it's the fact of life.
Because it is relativity close to Google, Facebook, and Apple.
so how was it before Google and Facebook.. before 2004 or even before 1998 ?
We had over 400 public companies all of them FAR more important and critical
to our economy than Google and Facebook. Even Apple is still a toy company.
Why is Sunnyvale so damn expensive?
today.. Hype... everything else has been around for 30 plus years and had no or
minor impact on prices... if they ever did it was corrected by the 90s.
Sprawl factor. Santa Clara and San Jose will become very expensive on the next housing cycle if they aren't already. Those who can't afford to rent in these cities will have to move to Morgan Hill, Gilroy, San Martin, etc. and commute. Well, even Morgan Hill is not cheap now. Like it or not, it's the fact of life.
Commute to/from where ? your job ? most of the jobs left because of high costs.
Ask the Intel employees in Oregon, Apple employees in Austin, Seagate employees in Minnesota, Oracle employees in Sacramento... etc etc etc They are all do well.
Sunnyvale aka slummyvale used to be as cheap as San Jose. Why did prices get so expensive? It is not RBA as far as I am concerned. Saw houses asking 1 million for 1800 SFH ridiculous!