Silicon Valley keeps top spot in real estate outlook

Discussion in 'Economics' started by dealmaker, Feb 16, 2017.

  1. dealmaker

    dealmaker

  2. comagnum

    comagnum

    I remember what a ghost town SV was after the dot-com bust - in that time is was unimaginable thinking it would bounce back with so many vacant buildings.
     
    dealmaker likes this.
  3. dealmaker

    dealmaker

  4. Sig

    Sig

    Commercial property maybe, but as someone trying (and failing) to buy a house from 1998-2002 I can tell you home prices didn't go down a bit on the lower end and the whole bidding war insanity was still going on for every sub-$1M house or condo that came on the market. Moved back in 2007 and thought for sure the housing market crash would bring down prices and it did way out in Concord and Antioch but the upward price pressure barely paused on the Peninsula.
     
  5. RRY16

    RRY16

    SOMA and Down town Palo Alto is where many of the new post dot com startups set up shop.
     
    dealmaker likes this.