3 ms·
People keep saying this and year and year it keeps "booming"
by tsunamifury 10y ago
People keep saying this and year and year it keeps "booming"
- spc476 10y agoReminds me of a saying: The market can remain irrational longer than you can remain solvent.
- Animats 10y agoWe're getting past that. Look at TWTR stock for the last year.[1] Twitter tried to pull a Myspace - the number of users started dropping [2], so they increased ad density to try to get revenue up. It's not working. Twitter is so highly visible in SF that when they tank, it will shake up the real estate market. [1] https://www.google.com/search?client=ubuntu&channel=fs&q=TWTR&ie=utf-8&oe=utf-8 https://www.google.com/search?client=ubuntu&channel=fs&q=TWT... [2] http://variety.com/2016/digital/news/twitter-declining-monthly-actives-1201702526/ http://variety.com/2016/digital/news/twitter-declining-month...
- underwires 10y agoYou are claiming that there will never be another recession in SF?
- justizin 10y agorents are already slightly trending down, and it's been an icy few months for investment. people keep questioning this year after year but the writing is on the wall.
- gozur88 10y agoIt always takes longer than you'd think. I remember thinking housing in the SF bay area was unsustainably expensive in the late '90s, and it took another decade for the wheels to come off.