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Updated about 5 years ago,
Sales vs. Renal on University Ave in Palo Alto
So I went out with friends to University Ave in Palo Alto last night, and looked the area up in Zillow this morning.... 1 link for Sales and 1 link for Rentals.... Rentals out-numbered Sales by 30X, maybe?
My take - years of QE pushed so much money into RE, but RE is now so saturated that a lot of investors are NOT making money...