The Silicon Valley peninsula is becoming a glorified retirement community with real estate equity for boomers propped up by proximity to corporate HQs who then export their workforce's housing needs to other parts of the Bay Area. https://twitter.com/ByRosenberg/status/959522693002412032 …
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The growing area full of kids here is made of single family homes, not many rentals. I don't know what made the boomers here more willing to sell
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I’d dig into your school district’s numbers about who lives in what kinds of housing. Would be curious to find out. According to Census data, MTV is 40% owner occupied and Cupertino and San Jose are the opposite ratio at 60%.
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