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by tehlike
3332 days ago
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It is speculative, but so far it has resisted nicely. All housing went down in the bubble bursts, but bay area still enjoyed nice 7-8% yoy growth so far. There are couple things that could make it pop badly - like detroit like situation where it goes bankrupt, or the other is tech companies decide to move elsewhere. I think this is where you should eiversify either way. Buying properties where tech is currently strong is a nice way to diversify Austin, bay area, ny might be good spots for this. |
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