Think about it.
Even burbed does NOT have any entry about these two places (“Frosty City and Deadwood Sores”) .

Face it. You don’t know real estate beyond 94087.

I’ve heard terrible things about most schools in San Mateo, evidently FC has some of the few decent ones. I like how the place looks, but I’m talking how the prices are doing as far as RBAhood.

I will be more than happy if this is indeed true. Alas, they are still in RBA according my estimates.

> 40.
Thanks for reminding me it’s time to update with the new DQ March data.

Will look forward to it.

I’d agree with sg on this one. Madhaus is wrong, as usual.

rick, I agree with you. East Redwood City week and South Fremont week are not the RBA.

sg, sorry but Frosty City and Deadwood Sores are not RBA. My map says so. Thanks for reminding me it’s time to update with the new DQ March data.

Why not park that way, it’s not like anyone WALKS on this sidewalks….

Beautiful Snout House architecture, only cars live here, keep moving, humans!

I lived in a SINGLE WIDE and parking ruled. Had space for a car AND for my motorcycles, it was great. And room for a garden etc.

Madhaus, Foster City ( and Redwood Shores) should be pretty much in RBA. Check out their prices, and rents. Rents in Foster city are higher than that in Palo Alto.

Is this a new discovery for you? Large parts of Menlo Park and Palo Alto are also in the flood zone. I suppose people should move out of there too. What about earthquakes? Have you checked whether your property is in an earthquake zone or not?

And the answer is: Of course not. As much as I enjoy watering my own lawn, at least this way I actually own most all of my own lawn. Some other people’s lawns appear to be in FEMA Zone A even at an elevation of 600 feet.

There is only one house from Menlo Park.

I think my earlier post was wrong in that there is not a direct line drawn in the article between the charitable giving deduction & actual loss of public school income.

But Rick, the place in Menlo Park is on the East Palo Alto side! That’s not RBA! Everywhere that’s dropping in price is by definition not RBA!

It’s just that the RBA seems to get smaller every day.

Rob Reich, an assistant professor of political science and ethics in society at Stanford, goes so far as to say that the tax code promotes inequities through the breaks it provides for charitable giving.

Take schools. The Woodside Elementary School in Woodside, Calif., where the median family income is $196,505, raised $7,065 a pupil in 1998 from charitable contributions to a foundation it created, according to Professor Reich’s research. Across the San Francisco Bay, a similar foundation to support the Oakland Unified School District, where the median family income is $44,384, raised $138 a pupil that year.

In effect, the government is subsidizing a system that enhances inequities between poor and wealthy public schools, Professor Reich said.

This is true. Most of the schools in CUSD have a private tax-exempt group raising money for it. At my kid’s elementary school, the requested amount, per parent, is over $600 per kid. And at least 80% of the families give that or more.

But going back to Larry’s reassessed house, property tax reductions are contributing to the teacher layoffs in some communities. In the Southland, where property values are collapsing, not only are people asking for reassessments, even people who aren’t foreclosed yet are in default on their current taxes. Bubble Markets Inventory is showing some blocks in expensive developments where multiple people haven’t paid their property taxes; most of these are underwater McMansions. This Week In Milpitas suggests we’ll be seeing more of that on a smaller scale closer to home.

Here is a list of houses on sale that are bought in 2004, and they are already underwater with 2004 prices.

http://sanmateore.dreamhosters.com/category/last-sale-in-2004/