If the editor will permit me, I want to illustrate the level of PA real estate craziness by comparing two homes for sale at the same price, one in Old Palo Alto, and one in La Jolla:
Old Palo Alto: 450 Lowell Web Link
La Jolla (2 minutes from UCSD campus, 15 minutes north of downtown San Diego): Web Link
The first home is a 2BR/1.5BA home one can only describe as a mangy dog among overbuilt McMansions, while the second is a modern, bright well-situated thing of beauty overlooking the Pacific.
$1898ft/2 vs $755ft/2
Anyone want to venture a guess *if* there is an upward limit to the $ft/2 PA can see, what that limit it and when we'll hit it?