Just want to throw out a question to the community: do you think the ever-growing phenomenon of Palo Alto homes being bought by international buyers - many (most?) of which are absentee landlords - is good or bad for Palo Alto overall?
I don't have financial skin in the game (I rent), but grew up here & live here still. Likewise, I'm married to a foreigner myself (who's since become a citizen), so live right on the middle ground between PA and rest-of-world.
I'm sure some will attack me for bringing up a potentially divisive topic, but in the interest of moderation, I do think it's helpful for us to discuss this. By contrast, many countries where PA buyers come from have laws preventing foreigners from owning, so at the very least we can say that this is a strategic topic.