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In 2002 after dot.bomb, prices held flat for a while. A fair of vacancies in SoMa. The 2008 recession sort of bypassed tech.
by peter303 7y ago
In 2002 after dot.bomb, prices held flat for a while.
A fair of vacancies in SoMa.
The 2008 recession sort of bypassed tech.
- not2b 7y agoAre you kidding? The 2008 recession killed a ton of tech. The core of traditional Silicon Valley (Mountain View, Sunnyvale, Santa Clara) had so much vacant office space that large areas zoned industrial felt like ghost towns. Sure, the companies that later became dominant survived. The electronic design automation sector held on because chipmakers couldn't stop doing design work. But it was very tough.