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I'm not sure this isn't still a leftover from the original dot-com era bust and the existing real estate bubble issues. This doesn't seem like a reflection on
by mikeryan 17y ago
I'm not sure this isn't still a leftover from the original dot-com era bust and the existing real estate bubble issues.
This doesn't seem like a reflection on the state of tech in Silicon Valley (which the title infers) but the state of over-speculation in area commercial real-estate.
This is a good thing for tech companies.
- mortenjorck 17y agoPerhaps a better headline would have been "Silicon Valley Commercial Real Estate Speculation Leaves Entire Office Buildings Empty."
- dws 17y agoThere's a lot of space left over from the dot-com run-up, and it's built for a profile of VC-funded startup that's been on the decline since the bubble burst. A lot of the empty space I see in the south bay is of the old 'big open space in the middle surrounded by offices' model that assumes the big, florescent-lit cubicle farm that used to be the norm. So the space is there, but it's a good thing for a type of tech company that seems to be getting rarer.