3 charts suggest ‘bubble trouble’ in housing with a tech meltdown ‘yet to come’

in #housing5 years ago

San Francisco was one of the hottest housing markets over the last decade.

Now it is leading the way to what some are calling "bubble trouble".

This is the ideal city because the hot real estate market was fueled, in part, by the tech bubble. Companies like Google saw their values go through the roof allowing for massive expansion.

When San Francisco housing started to slow, the technology sector, at least with employment, is still holding up. That has yet to pop which is a foregone conclusion according to some.

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