And where public schools are good, it feeds back on itself, esp in Cupertino and Palo Alto. Good schools draw in tech millionaires, who supplement their kids' public education with private tutors and summer school booster classes. Scores go up, house prices follow. Seems like there is an infinite supply of newly minted tech millionaires to consume all available housing. And to be fair, who wouldn't want what's best for their kids? It's a culture of being the best.
I'd love to know where all these "tech millionaires" are coming from, because there are only so many companies in the Valley, and they each only have a handful of top execs. Yet there are thousands upon thousands of $1MM+ houses and people are buying them left and right...