A rule of thumb in the world of real estate is that whereever there is appreciation, the return on investment (ROI) is pretty small, and where the ROI is good, appreciation is much less.
In the Bay Area, I have often counselled my clients to look into areas moderately priced, but with excellent schools. I submit as examples the following two complexes in Mountain View (which as a City is a good middle ground between the very expensive and the cheapest areas of the Bay):
- the Parc Crossings: http://www.theparccrossings.com/
I hope you find this of interest.
Francis
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