I think you make a great point and I agree, but to play devils advocate for a second...
Do we think Stanford is lacking in people willing to live there? I bet it may even increase the chance (so long as the HOA is not all that bad!)
Do we think Stanford is lacking in people willing to live there? I bet it may even increase the chance (so long as the HOA is not all that bad!)
The thing limiting the value is the other restrictions that Stanford imposes on these houses - namely they essentially control the price the houses sell for because they all have to be financed through a Stanford-controlled lending program.