4 ms·
Most people in SV do this. So, it’s pretty normal actually.
by bradlys 4y ago
Most people in SV do this. So, it’s pretty normal actually.
- closeparen 4y agoThen there's going to be a lot of foreclosures soon.
- nr2x 4y agoYup, I think the housing market got totally overheated on the back of RSU values going through the roof. Now that even Apple and Google are well off peak, I’m super curious what happens next.
- nradov 4y agoThat's just totally disconnected from reality. The majority of Silicon Valley homeowners don't receive any equity compensation. You should walk around and talk to regular people sometime. (The numbers may be different if you look solely at recent buyers in a certain limited set of neighborhoods.)
- closeparen 4y agoThose are the "already mega-wealthy." Their mortgage bills are low because they have enormous home equity.
- nr2x 4y agoAnd property taxes pegged to the value of the home in 1985!