Read the full story here Web Link posted Tuesday, October 21, 2014, 10:58 AM
Town Square
Mountain View home listings continue their downward trend
Original post made on Nov 1, 2014
Read the full story here Web Link posted Tuesday, October 21, 2014, 10:58 AM
Comments (6)
Posted by Larry Morris
a resident of Martens-Carmelita
on Nov 1, 2014 at 2:42 pm
a resident of Martens-Carmelita
on Nov 1, 2014 at 2:42 pm
I think its better to rent in Mountain view. The cost is just much more favorable for what you get. The numbers prove this out:
Web Link
Posted by Skeptic
a resident of The Crossings
on Nov 2, 2014 at 4:00 pm
a resident of The Crossings
on Nov 2, 2014 at 4:00 pm
Larry,
Figure 5 on that website you posted makes no sense. The median price of a house in Mountain View is way higher than $250k.
Posted by Geek
a resident of Sylvan Park
on Nov 2, 2014 at 5:07 pm
a resident of Sylvan Park
on Nov 2, 2014 at 5:07 pm
Nothing makes sense on the Larry's link.
"Figure 1 shows the total number of housing units for each city in the local area shown. Mountain View California shows it has 1,013 housing units".
"Figure 2 illustrates the housing density in the area as measured by houses per square land mile and it has 3,376.7 housing density".
So, according to the link, Mountain View size is less than one third of a square mile.
Posted by MV Mama
a resident of Old Mountain View
on Nov 2, 2014 at 10:13 pm
a resident of Old Mountain View
on Nov 2, 2014 at 10:13 pm
Larry, there are 2 Mountain Views in CA. Your link references the wrong one.
Web Link
Posted by Skeptic
a resident of The Crossings
on Nov 6, 2014 at 6:05 am
a resident of The Crossings
on Nov 6, 2014 at 6:05 am
Thanks MV Mama. Now it makes sense.
Figure 28 shows the real housing imbalance in Mountain View.
We need more owner-occupied housing!
Posted by Mark J.
a resident of Old Mountain View
on Nov 6, 2014 at 6:30 am
a resident of Old Mountain View
on Nov 6, 2014 at 6:30 am
Yep. The true numbers show it is better to buy. Larry, I hope you didn't base any large financial decisions based on your own legwork. Best to consult a professional if in doubt.
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