Your Palo Alto Real Estate Update

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From time to time, I have offered up posts about the insanely-skyrocketing prices of homes here in my fair city (one of the few long-term “long” positions from which I have ever benefited). Now we have jumped the shark, as today’s morning paper reveals:

0106-tnyhome

You may notice a reference to 4,792 square feet. Those of you in Topeka and Cleveland all live in houses that sizes, but just to be clear, that’s a reference to the size of the entire lot. I took the liberty of taking a screenshot of a bird’s eye view; the subject property is labeled “A” and features a neighbor who, evidently, has the World’s Biggest Recreational Vehicle.

0106-overhead

By the way, BDI has turned me onto James Howard Kunstler, so I’ll leave you with this talk about suburban blight he did eleven years ago; the man’s a genius:

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