Silicon Valley house price will double again in < 10 years
AI and Tech Boom: Silicon Valley is a global hub for tech and AI development. As AI continues to exponentially grow and attract talent, demand for housing in the region will continue to increase and >> supply Shortage of Land: The Bay Area faces geographical constraints due to its limited land availability and strict zoning regulations. Strong Demand: The Bay Area has historically seen strong demand for housing, fueled by a combination of factors such as job opportunities, lifestyle amenities, best weather in the world, and cultural attractions. Investor Interest: The region also attracts investors looking to capitalize on its tech-driven economy and potential for long-term growth. Edit: Average and medium salary growth of the tech sector
So you're saying there's no future for me here
LLM was just one small innovation in the deep learning space. Why are you making that such a big deal? It doesn't even work so well
10 years is just a 7% annual return which is lower than what we had from 2011 to 2021. Nvidia went up 10x in one year
May be there will be a day when only high paying techies will be left here in the Bay Area.
Itās already like that
Meh! Another scenario is you getting double f*cked : getting replaced by a coding AI and your home price falling by 80% when human devs are no longer needed.
Silicon Valley is the last workplace that can be replaced by AI. Stop worrying about that
Sure, keep telling that to yourself to ensure that you don't sh*t your pants. You need to understand that more than 90% of the highly paid engineers living in bay area do not do any complex work and are easily replaceable by AI, if not now, for sure within another few years.
Maybe. Hopefully not. Doesn't really matter regardless. It will double in 10 years or 40 years, all the same.
Just double?! That's barely catching up to inflation.
yes and wages will remain the same š„
It will, if you work at Visa
not at visa but still poor