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There are areas that do not follow Bay Area realestate economics. I have watched Bay Area realestate for too many years. I do agree the decline will be at lea
by marincounty 11y ago
There are areas that do not follow Bay Area realestate economics.
I have watched Bay Area realestate for too many years. I do agree the decline will be at least 30%. I think it will be more like 40%, but who knows.
That said certain areas (Rich areas--Pacific heights, etc.) of San Francisco do not follow the trends. Marin county, with the exception of Novato, do not follow the trends.
- cylinder 11y agoRich areas are "tightly held," they usually don't have mortgages and the owners are wealthy enough to not need to sell at a loss in downturns. These are the safest areas but don't get the huge appreciation in the upswings