If you want to make sure that a developer won’t be building on the land next to yours, you buy the homes on the land and lease them back to the current residents. That’s the Zuckerberg way, at least.
Two Takes
View TECHi Stance
Zuckerberg buys four houses surrounding his own
Mercurynews
View all Mercurynews Two Takes by TECHi
Read the original story
Published October 11, 2013
TECHi's Take
Living the fantasy of every homeowner who’s faced the prospect of a nuisance project next door, Facebook’s Mark Zuckerberg has bought four homes adjacent to his own 5-bedroom crash pad in one of Palo Alto’s toniest neighborhoods.
Zuckerberg paid top dollar — more than $30 million in total — for the four residential properties located next door and behind his own home. But he has no plans to build a Taj Mahal on the land, according to a person with knowledge of the transactions, who said Zuckerberg is leasing the existing homes back to the families that live there.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
Balanced Perspective
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
More Two Takes from Mercurynews
Bitcoin startup Coinbase is seeking to raise another round of funding, which could add $60 million in new capital before…
Technology giant Google is once again snapping up more real estate for its employees. The company has inked a deal…
If you can't convince people that going green is the right way to go, you can either give them an…
Steve Jobs gave a heartfelt and logical plea over two years ago to the city of Cupertino asking them to…