I wouldn't be surprised if the Bay Area remains on the whole more expensive after this boom than it was before the boom started. I'm pretty sure that's how it h

I wouldn't be surprised if the Bay Area remains on the whole more expensive after this boom than it was before the boom started. I'm pretty sure that's how it has historically worked. I don't profess to know how far things will fall. I will note that historically the busts take time to play out just like the booms do. Dot-com 1 burst around April 2000 but I don't think the rents fully bottomed out for nearly two years. Anyway you're right that things don't come back ever exactly as they were before. I just think more breathing room will open up.