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Heraclitusstudent
2016 Feb 9, 11:19am
No doubt many people will leave if the current flood of money dries up.
B.A.C.A.H.
2016 Feb 9, 12:00pm
Pre y2k didn't have elites stampeding out of China with their ill gotten gains.
It's Different This Time.
Sky's The Limit.
Pre y2k didn't have elites stampeding out of China with their ill gotten gains.
It's Different This Time.
Sky's The Limit.
It's always different this time! Until it isn't. This time is different (tm)!
B.A.C.A.H.
2016 Feb 9, 2:11pm
Huh?
If it's always different, then it's never different.
It isn't always different, and This Time It's Different.
Huh?
If it's always different, then it's never different.
It isn't always different, and This Time It's Different
That was forked tongue realtor talk.
http://www.marketwatch.com/story/san-francisco-real-estate-looking-like-it-did-before-dotcom-crash-in-2000-2015-11-20
Surging rents, skyrocketing real-estate prices and booming tech companies. Sounds like San Francisco in 2016, right? It also describes the city just before the tech bust of 2000, according to a recent report.
John Burns Real Estate Consulting of Irvine, Calif., and Pacific Union, a San Francisco real-estate brokerage, say that based on the appreciation (and apparent correlation) of venture capital deals and rent prices, the Bay Area’s rapid real estate and rent price appreciation today is looking more like a repeat of the dot-com bust of 2000.