If the supply in SF is limited then the army of cashed up buyers is also limited. Forget SF and just follow the money. More dollars created since 2015 than bef

If the supply in SF is limited then the army of cashed up buyers is also limited. Forget SF and just follow the money. More dollars created since 2015 than before 2015. https://fred.stlouisfed.org/series/M2SL https://fred.stlouisfed.org/series/M2SL. Half the money supply came about in the last 7 years! Tech workers are closer to the money than ever before (maybe closer than quants etc.) because money is looking for yield at any risk. Tech investment provides that promise.