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Old 05-13-2008, 06:50 AM   #14 (permalink)
Round of 12
 
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Default Re: Who will Stanford Hire?

Originally Posted by RYou View Post
I've always wanted to see Gene Mills back in Div I.

Palo Alto is a tough place to live. The homes are generally over $1M because of silicon valley. If it was tough for Santoro to cut in College Park, the financial requirements for Palo Alto are off the scale. I can't think of another Div I neighborhood that can match the cost of living in that area.
It is my understanding that Stanford has some sort of lease arrangement for homes for at least some coaches. That helps with the cost but doesn't provide them the opportunity to earn equity. Kerry said that a two bedroom, one bath condo in Palo Alto goes for around $500,000. In the Maryland/DC area he can buy a four bedroom home for around that much in Howard County.
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