Town Square

Post a New Topic

Facebook braces for IPO

Original post made on May 4, 2012

People seem to be anticipating the Facebook IPO with as much excitement as kids waiting for Santa Claus. According to the Wall Street Journal, they may not have long to wait. The newspaper said May 18 may be the big day.

Read the full story here Web Link posted Friday, May 4, 2012, 8:43 AM

Comments (2)

 +   Like this comment
Posted by Apartment renter
a resident of Menlo Park: Menlo Oaks
on May 4, 2012 at 12:44 pm

Is it hoping too much that the Facebook employees will turn around and buy homes not only helping the housing market but causing rental rates to fall back to normal in the Menlo Park area? $2200+/month for a mediocre 2 BR apartment is insane! Greedy management companies who force out good tenants for temporary residents are penny wise and pound foolish.


 +   Like this comment
Posted by Hmmm
a resident of another community
on May 4, 2012 at 1:06 pm

No, it's not hoping too much! But don't hold your breath - Menlo's always been an expensive place to rent. I know FB employees who are renters & I'm sure they're poised to buy, if possible (I don't ask how well compensated they are). For some, it may mean owning a condo in San Mateo vs. a manse in Atherton, but it's still ownership (supposedly, not factoring the bank's role).

It'll be good for the overall area. Btw, I feel for you - as much crapola as you hear about EPA (much of it warranted), here at least tenants aren't considered expendable 3rd class citizens lacking in rights. Menlo has always had a mediocre rep re its treatment and view of tenants vs. landlords - & believe me - it's viewed as "vs.", not "both".


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Grab a Bowl of Heaven soon in Mountain View
By Elena Kadvany | 0 comments | 2,959 views

Don't fund the rape culture at my alma mater
By Jessica T | 36 comments | 2,827 views

Quick Check List for UC Applications
By John Raftrey and Lori McCormick | 0 comments | 2,027 views

Palo Alto and Bay Area Election Facts and Thoughts on the Implications
By Steve Levy | 18 comments | 1,554 views

Fancy Fast and Fun!
By Laura Stec | 3 comments | 1,194 views