Bay Area home prices will be going up and up
With the blockbuster IPO’s Snowflake Unity Doordash Airbnb C3ai and Roblox soon ..If the present momentum in the stock market continues then home prices will double in next 4-5 years .What you guys think ?
Anyone know whether these companies are allowing people to go permanent remote and move away?
Naw, historically speaking ipos like that don't move the market, at least not dramatically. Glad a few more tech folks can afford homes if they want them though!
A lot us in hardware engineering r being priced out. Big repurcusions for not chosing computer science in engineering.
In Mountain view the entire Sierra Vista street has a new townhomes which no one buys. Peple are moving closer to Sacramento and work remotely. This bubble will never end in a good way. I’ve seen it in my home country as well.
1. Townhomes and condos are not popular 2. New homes take longer to sell because they are usually priced above market rate
I wouldn't buy a house here even if I had the money. Way over priced
Agree. I wouldn’t buy as well. Few people also tend to vastly overestimate their buying capacity, which adds a lot of pressure in keeping up with mortgage payments for a major buy especially in the Bay Area.
U won’t buy. But the million+ tc guys have no problem plonking down 4 million for a house in Palo Alto: what is money if not to spend it
Lot of $$$$$$ cash buyers would enter the market soon and drive up the already insane housing prices. Soon need to follow Musk's footsteps and relocate to TX! 😂
All the freshers wants to come and work here . At least for 5-10 years they don’t worry about house ..yes better to move out
But elon moved to Texas
Lol he wasn’t even a resident in the Bay Area. He was the richest resident of la county though
Yeah 🥲