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Comment on Housing markets: The spectre haunting San Franciscoparent

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I couldn't believe that the new 49ers stadium (in Santa Clara) cost a trillion dollars, so I looked it up. It cost $1.2 billion [1] - a "gigabuck" rather than a "terabuck." To put that in perspective, a single office building in nearby Palo Alto just sold for $300 million. [2]

Judging from the people driving up and down 101 with flags flying, the people wearing 49ers jerseys year-round in San Jose, the big BBQs hanging off the big trucks in the parking lot of games, and the truck commercials that litter televised football, the new car-centric location suits the football team nicely.

I'd be much more upset if the SF Giants decided to move out of the city!

[1] http://www.mercurynews.com/ci_23414780/49ers-new-stadium-cos... [2] http://www.bizjournals.com/sanjose/news/2015/03/11/tibco-sel...

In other news, applying SI prefixes to atypical units is really fun. It reminds me of how civil engineers use kilo-pounds aka "kips."

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