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kleinbl00 · 3582 days ago · link · · parent · post: Uber Investor (Bill Gurley): The Bay Area Bubble Will Pop This Year, And More Than Tech Will Suffer
If there is indeed a collapse, Mr. Gurley says, it will not just be the tech industry that feels the pain. Real estate, for example, could take a hit. Home prices in the San Francisco Bay area have appreciated by 97 percent since January 2000, according to a study published by the Paragon Real Estate group. If the influx of tech industry wealth begins to dry up, Bay-area property owners will have to deal with the potential drop in prices.