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

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. Today—after working for seven agencies in five states—I am now head of brand strategy and creative direction at Bonehook in Portland, Oregon.