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The VCs are also NIMBYs: they're in those $4 million bungalows in Palo Alto and they're loving the appreciation, so you could say they're working both ends. I
by jordanb 11y ago
The VCs are also NIMBYs: they're in those $4 million bungalows in Palo Alto and they're loving the appreciation, so you could say they're working both ends.
I propose these dorms be called Nerd Storage Units (NSUs).
- yarou 11y agoGibson was already alluding to these in Neuromancer. > Now he slept in the cheapest coffins, the ones nearest the port, beneath the quartz-halogen floods that lit the docks all night like vast stages; where you couldn’t see the lights of Tokyo for the glare of the television sky, not even the towering hologram logo of the Fuji Electric Company, and Tokyo Bay was a black expanse where gulls wheeled above drifting shoals of white styrofoam.
- HeyLaughingBoy 11y agoApropos of not a whole hell of a lot: I remember my wife laughing at the neighbor who had his 11,000 sq ft house on 30 acres of land (fantastic view!) for sale at $4M because it would never sell for that much. I really, really hope the $4M bungalow is an exaggeration, but I suspect if so, it's not by much.
- shas3 11y agoUnlikely to be an exaggeration! I know engineers with 5-10 yrs experience having little choice but to buy homes that cost $1-1.5e6. Can they afford it? Probably so, but certainly at the cost of lesser savings.