The tech industry is highly cyclical. There's been a crash in 1999, and there's been another one in 2007 (along with the rest of the economy). There's no reason

The tech industry is highly cyclical. There's been a crash in 1999, and there's been another one in 2007 (along with the rest of the economy). There's no reason why it can't happen again. I'm sure that Bay Area housing prices are a good proxy for the state of the industry. If you're a techie and you don't have a way to stick it out through the next downturn, don't buy a house here.