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Sounds like what I've heard about 1999. Sign of a bubble?
by bsbechtel 12y ago
Sounds like what I've heard about 1999. Sign of a bubble?
- akashya 12y agoDefinitely a sign of a bubble. Especially when reality is extremely close to the feelings expressed in that statement.
- marktangotango 12y agoNice observation guys, one I've wondered about myself. And totally off topic to the thread. Question is: how to prepare for the burst? I tend to think the current bubble is related to Fed policy, so when the money supply tights up, so will salaries. Just my two cents here. Edit: Yay! down votes!
- pc86 12y agoMy guess is they are because your comment has nothing to do with anything being discussed.
- marktangotango 12y agoI was referring to the collapse in software development jobs after the 'first internet bubble' burst in 01-02 and extrapolating another jobs collapse after this bubble bursts. Guess people here don't have that perspective.
- pc86 12y ago> I tend to think the current bubble is related to Fed policy Not relevant to the discussion, or the 01-02 burst, or salaries, or anything else.
- marktangotango 12y agoGood thing that was just my .02, as indicated. Surely no one would down vote a personal opinion, clearly marked as such?
- anonbanker 12y agothey would downvote a personal opinion. and don't call him shirley.
- bduerst 12y agoSomeone else mentioned it, but you have to stand out when applying for a room in SF. Fairly-priced rooms (~$1200/mo) will go in less than 36 hours of posting. I know several people who have "Renter's" resumes, where they try to sell themselves as awesome people to live with. My guess is he is remembering them only because of the renter market effects. If anything, it's a sign of a property bubble in SF.
- rhizome 12y agoThere were tons of insufferable dotcom jackasses in SF in 1999, but the industry was smaller so they weren't EVERYWHERE.