on a busy street, < 5K lotā¦
I was in Palo Alto last weekend, and I was surprised to see so many RVs parked on El Camino Real, right outside of the Stanford Stadium.
People live in these RVs.
They called them ācar peopleā but basically these are homeless people living in RVs parked on the streets.
Imagine these RVs have no sewage hook-up or garbage collection service. My friend who lives in Palo Alto said these RV ācar peopleā dumped their garbages and āmessā in/around his trash bins, every week when he took the trash bins out for garbage day.
City does virtually nothing about it.
Hard to imagine how expensive the houses are, not far aways from these RVs.
I was surprised by so many RV cars on El Camino. It had never been like this until 2014 (the year i moved from PA to WSJ.). When did this start?
See, issues with homeless folks are not exclusive to the Fab 7x7ā¦
Palo Alto needs to build to lot of new new housing. Turn eichlers into multi Family high rise and midriseā¦Build on Stanfordās 8500 acres of farm landā¦
Good luck with that. Old, established PA folks are not going to go for it. Wasnāt it just reported in Mountain View that a multi unit structure was approved for building? Itās not nearly enoughā¦
Stanfordās liberal elite needs to show that it is truly compassionate towards the homelessā¦Otherwise they will be exposed as hypocritesā¦Stanfords vast land holdings could solve the housing shortage ā¦Wont happen in my lifetimeā¦But highrises along 280 make more sense than the cows now thereā¦Stanford needs to make a choiceā¦People or cowsā¦It has been the Farm, long enoughā¦Hoarding that land during the greatest housing shortage in history is in violation of Stanford founding principles to promote the public welfare.
They decided to create a university, one that, from the outset, was untraditional: coeducational in a time when most private universities were all-male; nondenominational when most were associated with a religious organization; and avowedly practical, producing ācultured and useful citizensā when most were concerned only with the former. The Founding Grant states the universityās objective is āto qualify its students for personal success, and direct usefulness in lifeā and its purpose āto promote the public welfare by exercising an influence in behalf of humanity and civilization.ā
Instead PA LA MP Woodside PV have become ghettos for rich people with zoning specially designed to keep out even the middle class
The only solution for future housing is multi family condos mid rise and high rise. Cities that refuse this are not concerned about their own citizens and especially their children.
40K to 2.5Mā¦
This sucker is still on market.
Of course it is. Arenāt you seeing the posts about the sky is falling and hell is about to break loose? Shoot, maybe we might even see a price drop in the barometer of barometers, the max Asian love neighbor that is the Sunset. If that happens, all bets are off, baby!!!
You are telling this to the guy that called the price drops first in this forum, and maybe even in bay area 
It was bound to happenā¦ as long as you are employed in a good company/industry and that outlook is reasonably good you can weather any downturn especially if you have low interest rates like we do. I look at my 2.5% fixed mortgage rate and laughā¦
Itās sold today for 2.957M. Is it a good price?
Itās a perfect location. Lot is medium sized
I would be crying insteadā¦
Why??? Gotta get it while you canā¦
I donāt qualify even for 5% 
Sold cash, in crescent park, i think the price is ok. not a steal.
2.5% damn.