[rco8786]

> Not super convinced yet that it's going to have any immediate impact on housing in the city

It's not "Twitter layoffs cause issues" - it's more that if you can identify 5, 10, 15+ well known companies doing layoffs concentrated in that area there is probably also a very long tail of smaller companies doing layoffs also. Cumulative effect of it all can be quite large.

> ~40% of the workforce

This is an enormous exaggeration. However, even a 4-5% reduction in jobs in the area can have an enormous effect on the economy and housing market.

[dekervin]

I think the 40% number was about the ratio of people let go that reside in SF.