American Dream Carries Stiff Price Tag In Silicon Valley

According to USA Today, Bimba Rao and Abhijit Kakhandiki paid $880,000 3 months ago for a 1,150 square foot, three-bedroom, two-bathroom house on a shaded corner in Friendly Woods, a block over the Cupertino border.
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The house was old and small and needed work. But they liked the neighborhood and the home’s potential. The listed price was $750,000, so they offered $880,000 and wrote a personal letter to the owners explaining why they liked tthe house. Their efforts bested 25 other offers.

About David Burn

Co-founder and editor of AdPulp. I wrote my first ad for a political candidate when I was 17 years old. She won her race and I felt the seductive power of advertising for the first time. I worked for seven agencies in five states before launching my own practice in 2009. Today, I am head of brand strategy and creative at Bonehook in Portland, Oregon.