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Part of this is likely due to building restrictions. For example, Palo Alto has a 50 foot building limit [1]. If developers were allowed to build 20-story apart

Part of this is likely due to building restrictions. For example, Palo Alto has a 50 foot building limit [1]. If developers were allowed to build 20-story apartment buildings, it's very likely that housing prices would plummet. [1] http://www.paloaltoonline.com/news/show_story.php?id=27136 http://www.paloaltoonline.com/news/show_story.php?id=27136

fzzzy 14y ago
The quality of the available housing in the Palo Alto/Mountain View area (crappy 50s/60s construction) plus the obscene prices make me sick. I just moved from Mountain View to escape this twisted market. I'm extremely lucky I work for a company that does a really good job of supporting remote workers.