One RV resident, a government supervisor who works in Palo Alto, said he moved into the RV from an apartment in Stockton after his five hour daily commute became unbearable.
Following concerns raised by a local nonprofit called Menlo Spark, Stanford has agreed to raise environmental standards for its Middle Plaza Project in Menlo Park, which Menlo Park City Council members voted unanimously to approve last week.
The Santa Clara Housing Authority announced last week that it would acquire Buena Vista for $40.4 million. The park is one of few opportunities for cheap housing in Palo Alto, the fifth most expensive ZIP code in the U.S. as of 2016.
Palo Alto is the nation’s most expensive college town, according to a recent survey by Coldwell Banker Real Estate.
A look at year-end numbers for Stanford real estate sales shows a more than 50 percent decrease in single-family residence sales from academic years 2005-2006 to 2008-2009 — down to 23 from 48 — while sale prices stayed within the same ranges as previous years.