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We all know Supply is severely constrained. So, ultimately, it's all about demand which determined by how many employers are hiring. Have google and facebook
by thorwasdfasdf 8y ago
We all know Supply is severely constrained. So, ultimately, it's all about demand which determined by how many employers are hiring.
Have google and facebook cooled off their highering now that they may be facing potential regulations/being broken apart? Have other companies reduced their highering in the area?
- refurb 8y agoIt's not just supply of new homes, but also existing homes. Inventory for sale at any given time in the bay area is really low. Things like Prop 13 give people a LOT of incentive to stay put and not leave (until they are ready to never come back). Combine that with a small group with extremely high incomes and you've got a recipe for outrageous home prices.
- tehlike 8y agoOr pass it on to their estate and never pay taxes on it.
- Simon_says 8y agoI want to believe you, but you can't spell "hiring".