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Anyone else thinking of jumping on buying a condo in SF bay area soon in anticipation of this wave of IPOs? I'm looking at a few properties with the rationale t
by dawhizkid 8y ago
Anyone else thinking of jumping on buying a condo in SF bay area soon in anticipation of this wave of IPOs? I'm looking at a few properties with the rationale that prices will only, at least, stay constant if not increase with additional demand all this new liquidity might bring to the market.
- austenallred 8y agoI don't think they're particularly cheap right now if that's the question
- dawhizkid 8y agoAgree definitely not cheap, but newfound liquidity for thousands of tech workers should, in theory, keep prices high or higher than they are today.
- judge2020 8y agoIf remote work continues to catch on (ironically almost always using Slack) then the rate of price increases will likely stagnate.
- dawhizkid 8y agoSF is so screwed up though that even if that's true there will, for the foreseeable future, more people that want to live here than there is housing available...