Reasons to invest in San Jose:
San Jose is the third largest city in California state, the 10th largest in the United States. This is the capital of Santa Clara County.
For many years, the city was associated with the title of the safest Big City in the United States.
San Jose is located in Silicon Valley, the southern tip of San Francisco Bay.
Area: 466.11 km²
Population is 958,789 people,
Population density: 2,100 people / km²
About the climate
The climate in San Jose has a Mediterranean subtropical climate. There are over 300 annual sunny days and average daily temperatures (23 ° C).
In January, the highest average temperature is (15 ° C), the lowest average temperature is (6 ° C).
In July, the highest average temperature is 84 ° F (29 ° C), the lowest average temperature is 57 ° F (14 ° C).
The temperature difference between day and night is low, only about (5.5 ° C – 6.6 ° C), not as volatile as some other areas in California.
Market liquidity and heat
Forbes magazine pointed out that technology companies continue to grow and hire Silicon Valley, which will exacerbate the shortage of housing.
Technology companies are becoming more active in trying to solve problems.
Facebook Inc. has committed to planning and designing 1,500 apartments at Menlo Park, of which 15% will be classified as affordable housing. The project is still in the initial planning stage. A spokesman said the company is considering structural-type housing and support the project of real estate PT companies “anything that could accelerate the construction of houses in the Gulf”.
Apple has begun moving thousands of its employees into the new technology park that brings Apple Park, the company’s new 2.8 million-square-foot circular building in Cupertino, Calif, like a spaceship. Facebook and Alphabet have hired top architect Frank Gehry and Bjarke Ingels to serve the expansion of the campus.
A recent study by Apartments magazine has shown that people born in millennials in San Jose, were born between 1980 and 2000. There is the longest waiting time to buy anything. just anyone’s home in the world: next 24 years, they will have an apartment to buy.