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It is speculative, but so far it has resisted nicely. All housing went down in the bubble bursts, but bay area still enjoyed nice 7-8% yoy growth so far. Ther
by tehlike 10y ago
It is speculative, but so far it has resisted nicely.
All housing went down in the bubble bursts, but bay area still enjoyed nice 7-8% yoy growth so far.
There are couple things that could make it pop badly - like detroit like situation where it goes bankrupt, or the other is tech companies decide to move elsewhere.
I think this is where you should eiversify either way. Buying properties where tech is currently strong is a nice way to diversify
Austin, bay area, ny might be good spots for this.