Saturday, August 4, 2012

About moving to Palo Alto/San Jose

Moving to Palo Alto/San Jose?
My boyfriend is looking at jobs out in Palo Alto. If we moved out there, I would most likely work in San Jose since the companies I'm interested in are there. I've lived in a small town my whole life and would like to stay in one, preferably with a cute downtown area. Are there any small towns in between these cities with moderate house prices? I'm looking in the 250-350k range. Also, I may not be able to get my MBA at my current college if we move. Are there any colleges nearby where you can get an MBA in a year for $25,000? This is what I could get at my current college so I need to know what I'm giving up. Thanks.
San Jose - 3 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Between Palo Alto and San Jose, the only town with cheap housing is East Palo Alto, which has pretty bad crime and gang problems. If you are willing to live in a modest condo, or a small fixer-upper house, you might be able to find something in Mountain View or San Jose, as well as Fremont/Union City/Newark (reasonable commute both to PA and SJ). Beyond that, you can get some GREAT deals on houses in the exurbs that got hit big time with foreclosures - Hollister, Tracy, Modesto - but the commute will be bad to awful. If you want the "small town" feel without the terrible crime rates of the above-mentioned foreclosure towns, you might look into towns in the Santa Cruz mountains, which have traffic and natural-disaster issues but are relatively nice. I'm afraid there is nothing that will meet ALL of your criteria, so you should think about what is most important to you. I don't know much about MBAs, but I do know that University of San Francisco has an MBA program intended for working professionals, and I can only assume that other area colleges also have these programs.
2 :
There aren't much in the way of "small towns" around San Jose. The Santa Cruz mountains (30-45 min from San Jose) will probably come the closest, but I can't speak about the current housing market. 250-350k sounds low for a house, but should work for a condo. If you save on the house, you might have more for your MBA. Look up UCSC extensions for you MBA, or SJSU, Santa Clara University, Stanford University (Palo Alto). I am not sure about the $25K / 1 year though. Have you been a California resident for the past 2 year? If not, you will have higher tuition. East Palo Alto has been making a come back, and there are some areas that are not bad.
3 :
No place you can buy a house in 250 -350k You may get bank own house in east bay or east san jose for that price, but down payment is 40% or more East palo alto you can get 1 bedroom for $850( half price than palo alto), 50% are latino, 40% black , 10% pacific islander

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