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"We’re in a bubble that’s ready to burst IMO." People have been saying this every single day since I moved to San Francisco in 2009. I guess if you keep predic
by ryguytilidie 9y ago
"We’re in a bubble that’s ready to burst IMO."
People have been saying this every single day since I moved to San Francisco in 2009. I guess if you keep predicting it eventually, you might end up being right, but its not exactly insightful.
- diogenescynic 9y agoMarkets can stay irrational for a long period of time and then correct pretty quickly. I’d be surprised if prices aren’t near a plateau. A lot of tech companies are shifting hiring to other states. I don’t see the Bay Area growing forever and rent/home prices won’t go up exponentially forever.