The article left out the fact that most of this commercial real estate excess is left over from the dot com bust. At the height of prosperity between the bust a

The article left out the fact that most of this commercial real estate excess is left over from the dot com bust. At the height of prosperity between the bust and the most recent financial trouble the vacancy rate was still around 16% compared to the 21% it is now. And unless you get somewhat lucky, most owners in the valley still make more money by only partially leasing their building at a higher cost than fully leasing it at relatively low prices. So, while you may here a few stories of people getting decent lease rates they are the small minority. And I don't see how they article or title infers anything about the state of tech as others have mentioned other than that it says Silicon Valley. While this term is typically used to describe the tech industry in the area it has become a more generic term for the south bay. The article makes it clear that it is a real estate problem and that some tech companies are benefiting from the over-speculation.