You can find them - but you certainly wouldn't want to live in them. Most homes below $1.5mil in the peninsula have some serious compromises (especially if you

You can find them - but you certainly wouldn't want to live in them. Most homes below $1.5mil in the peninsula have some serious compromises (especially if you are trying to get a home that is above 1200sqft). You're going to have to take a hard hit on the schools and - well - then you're just going to pay for private schools then. What would you rather do? Spend $5,000/month for your two kids to go to some private school or put that $5,000/month into your mortgage instead? San Jose != Peninsula btw.