Rebecca Solnit on how Silicon Valley corporations are transforming San Francisco: I weathered the dot-com boom of the late 1990s as an observer, but I sold my apartment to a Google engineer last year and ventured out into both the rental market (for the short term) and home buying market (for the long term) with confidence that my long standing in this city and respectable finances would open a path. That confidence got crushed fast. It turned out that the competition for any apartment in San Francisco was so intense that you had to respond to the listings – all on San Francisco-based Craigslist of course, the classifieds website that whittled away newspaper ad revenue nationally – within a few hours of their posting to receive a reply from the landlord or agency. The listings for both rentals and homes for sale often mentioned their proximity to the Google or Apple bus stops. [more inside]
Orlando, FL - 10 ac, 90K sq ft, 13 bed, 30 bath, 20 car garage, 3 pools, 2 tennis cts, bowling alley, skating rink - $100M [more inside]
House hunting for the rest of us. A 280 sq. m. Parisian apartment: FF20.5m. ‘Lazybones’ on St. Peter: $6m. ‘La Barakat’ on the coast of Portgual: $11.5m. James Island, Vancouver, Canada: $49.9m.
The fact that this article isn't condemning of this is amazing. Being from Long Island, I can say that less than 1/2 hour from this house are, basically, slums. Areas of very great poverty.