Take a look. Silicon Valley real estate prices are unhinged. I mean like frothing at the mouth, must be restrained or else he'll bite his tongue off crazy. Man

Take a look. Silicon Valley real estate prices are unhinged. I mean like frothing at the mouth, must be restrained or else he'll bite his tongue off crazy. Manhattan is similar to SV, but the thing is this: it is possible in New York to find reasonable (for the local market) real estate within a reasonable commute from work in one of the boroughs. It won't be the trendiest, but it's going to be okay. In SV you are talking about $800k or $2500+ a month for places that in other parts of the country would be called a "crack den." Either that, or you are going to be both far away and in an utterly dull, depressing suburb. SV is America's only six-figure ghetto. There is nowhere else where so much buys so little. Driving around on my most recent visit I was shocked by the squalor of these six-figure engineers and millionaires (relative to what you'd get for that price in sane markets). I'm not a local so I can't say for sure, but I'd be strongly tempted to blame the anti-development political mentality. With growing demand and no supply, this is gonna happen.