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"But still, it's insane in the Bay property market again. Anyone from the Bay knows a bubble when we see one by now. When all the hipsters and their credit-card
by htormey 12y ago
"But still, it's insane in the Bay property market again. Anyone from the Bay knows a bubble when we see one by now. When all the hipsters and their credit-cards run out, the market will crash and the locals MIGHT be able to buy something again"
Just curious, but what happened to property prices in Oakland/SF during the last crash (2008)?
- krakensden 12y agoNot much. Actually, in Oakland prices started to take off in like late 2009 as professional investors moved in, betting on the rental market
- Balgair 12y agoThe East Bay cratered, out in Pinole and Bay Point was way worse. The house we used to live in lost about 2/3 of value in 6 months.