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Who’s Buying Property in San Francisco?
- refurb 7y agoInteresting analysis. One of the better data sets I've seen. Most real estate analyses stop at "median price" and attempt to draw a ton of conclusions from it. Also interesting that the vast majority of the tech buyers are from the older companies - Google, Apple, Salesforce. Not that surprising. The flashy start-ups do make people rich, but it's usually a handful of people. I'll bet the majority of those tech buyers have worked at FAANG for 5-10 years. Got lucky that their equity increased a decent amount, but still took a number of years to save for a down payment.
- randomacct3847 7y agoThe fact there’s only 6k sales a year is pretty telling.