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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (26316)10/24/2025 2:36:46 PM
From: Kirk ©  Respond to of 26384
 
I'm not upset with the high level (because it is true) other than I have to pay higher taxes to subsidize it. I am upset with all the pressure to raise taxes on those of us who didn't cause the housing shortage. Bernie Sanders and AOC might even approve of my suggestion to use eminent domain to use parts of Sales Force Tower plus Apple, Meta and Google land to build housing for all the workers they gentrified by bringing in too many high paying jobs to an area that could not support it... all so they could have their employees a short drive rather than a plane trip from their Atherton, Palo Alto, Woodside, SF and Los Altos Hills homes.

Back when I worked at HP and we were expanding, we mostly expanded outside CA to areas our workers could afford to buy housing and raise families at good, safe schools.

My division actually expanded/left Palo Alto into San Jose in 1984, a city that was mostly housing for the workers in Palo Alto to Santa Clara so the idea was our CHIP MANUFACTURING plant would provide taxes to the city workers lived in.

Now that area is high density tech buildings and housing... plus a football stadium for the tech billionaires to entertain clients at.
Heck, the newspaper even published my thoughts on this 25 yrs ago!



and




To: ajtj99 who wrote (26316)10/25/2025 11:57:56 AM
From: Kirk ©  Read Replies (1) | Respond to of 26384
 
FWIW, the average salary in our top rated high school district is $170,500.

mv-voice.com

MVLA is "Mountain View / Los Altos"
October 23, 2025 1:44 pm

According to data from the California Department of Education, MVLA teachers on average earn the most in the state, with an average salary of more than $170,500. In June of this year, the school board approved a 4% raise for district teachers, meaning that MVLA educators now earn between $106,025 and $205,547 annually, depending on their education level and number of years in the school district.
They get to retire at 60% of terminal salary after 30 years which is age 52 for those who work straight out of university for 30 years. That pension is a HUGE cost and I BELIEVE is a huge reason teacher unions are usually one of the largest campaign contributors to higher taxes.

I blame tech VCs for putting too many companies here and driving up housing and other costs but next in line is our pension system where elected officials have always preferred more office buildings that pay taxes (to fund these generous pensions) and import their workers from other cities who get to pay to educate their workers.