In Palo Alto, homebuyers pay a premium to reside amongst different prosperous, extremely profitable folks. Normally that’s implied.
One actual property itemizing is making it apparent.
A house listed on the market at $4.8 million on Friday in Palo Alto boasts that since its 2017 rebuild, the youngsters of each subsequent proprietor have gone on to Harvard or Stanford, “paving the way for even greater achievements.”
“Now, it is ready to pass on its extraordinary energy to the next family,” the itemizing reads.
The five-bedroom, four-bathroom house seems to have been staged to focus on the youngsters’s tutorial success — the framed diplomas and acceptance letters are poised above the mantle, that includes prominently in a few of the images.
The house was listed by the Wen Guo Actual Property Group in Palo Alto. The corporate didn’t instantly reply to a request for remark.
On Reddit, the place the house went viral, folks known as the itemizing “peak Palo Alto,” referencing the city’s status for high-achieving dad and mom placing strain on their youngsters to do the identical.
Palo Alto is among the most extremely educated cities in California, with 82.4% of residents over age 25 having achieved a bachelor’s diploma or greater, in keeping with the Census Bureau. The median family earns $220,408 a 12 months.
