5 ms·

I think you make a great point and I agree, but to play devils advocate for a second... Do we think Stanford is lacking in people willing to live there? I bet

by cdolan 4y ago

I think you make a great point and I agree, but to play devils advocate for a second... Do we think Stanford is lacking in people willing to live there? I bet it may even increase the chance (so long as the HOA is not all that bad!)

mattheww 4y ago
You're right, the thing limiting the value is not demand - there are more than enough faculty and high-level staff that want to live there. The thing limiting the value is the other restrictions that Stanford imposes on these houses - namely they essentially control the price the houses sell for because they all have to be financed through a Stanford-controlled lending program.