Editing Stanford University (section)

=== Faculty residences ===
Many Stanford faculty members live in the "Faculty Ghetto", within walking or biking distance of campus.<ref>{{cite web |title=Stanford Faculty Staff Housing |url=http://fsh.stanford.edu/index.shtml |access-date=December 20, 2013 |archive-date=October 29, 2020 |archive-url=https://web.archive.org/web/20201029042031/https://fsh.stanford.edu/index.shtml |url-status=dead}}</ref> The Faculty Ghetto is composed of land owned by Stanford. Similar to a [[Condominium (living space)|condominium]], the houses can be bought and sold to other Stanford faculty but the land under the houses is leased for 51 years with the possibility of extensions. Houses in the "Ghetto" appreciate and depreciate, but not as rapidly as overall [[Silicon Valley]] values.<ref>{{Cite web |title=Housing Program Changes 2022 |url=https://fsh.stanford.edu/node/15586 |access-date=March 10, 2022 |website=Stanford Login |language=en-US |archive-date=January 29, 2022 |archive-url=https://web.archive.org/web/20220129152536/https://fsh.stanford.edu/node/15586 |url-status=live }}</ref>