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by wpietri
3932 days ago
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The purchase prices for homes weren't much changed by the dot-com bust. The prices for commercial rents definitely were: http://www.citylab.com/housing/2013/10/san-franciscos-fluctu... My recollection is that housing rental was in between. It's worth noting that the dot-com bust hit tech hard, but didn't do anything to housing nationally. So it's hard to separate the effect of the dot-com bust with the housing bubble that was starting to inflate at the time. And thinking about who I know who bought property right after the bust, it was people who made money in the previous bubble, which would also have a masking effect. |
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