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September 19, 2015

$30 million

0918-porat.jpg

The (very well-compensated) new CFO at Google purchased a house in town for $30 million, a record for the city.
(It's also good news for the school district, since Ms. Porat will be shelling out about $350,000 in property tax per year in perpetuity). Before you think to yourself what a grand palace it must be, and on such a stunningly huge plot of acreage, let me disabuse you of this notion: this house is 4,700 square feet, and it is on a plot of land smaller than a single acre. There are two really nice neighborhoods in town: Crescent Park (which is where I live, thank you very much) and Old Palo Alto, which is where the above house is located. She's a block away from the ghost of Steve Jobs. It's a lovely neighbhorhood, to be sure. But...........thirty million dollars??? Palo Alto Outdoes Itself | Zero Hedge

Posted by gerardvanderleun at September 19, 2015 10:45 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

Some people have no sense of the value of a dollar.

Easy come easy go.

Posted by: ghostsniper [TypeKey Profile Page] at September 19, 2015 3:04 PM

That kind of money buys a pile of fencing, cameras and armed security. Wanna bet when Ms. Porat says I want! the town will say where and how many.

Posted by: Vermont Woodchuck [TypeKey Profile Page] at September 20, 2015 6:29 AM

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