It's a hard call to make but with the low rates the rent to mortgage payment is exactly the same. I think this message thread covers all the angles but I'm still looking for another view point not conveyed.
The average age of a Facebook employee is about 26. I'm just not sure how much decisional weight will be placed on schools versus lifestyle. My personal opinion is weâ€™ll see more of a clustering on the Peninsula side (with those concerned about schools/APIs looking at West Menlo Park and Palo Alto).
I assume some will also choose Newark as a landing spot; I just don't know how big a part the â€œlifestyle variableâ€ will play in the minds of new young Millionaires.
It seems like it would have a more profound impact on higher end properties, such as those in peninsula neighborhoods like Atherton, Palo Alto and Menlo Park or in the Mission Hills in Fremont.
That being said, I think you answered your own question. The proximity of Ardenwood to the Facebook HQ is pretty darn close, and will have an effect. How much so, remains to be seen!
Remember, a million dollars is not what it used to be! ;)
The Fremont Ardenwood area has good schools and only a ten minute drive across the Dumbarton bridge to Facebook headquarters in Menlo Park. A person can easily bike there through Coyote Hills.