What Will Happen When the Bay Area Bubble Bursts?

2 Replies

There are 6 remaining companies set to IPO in San Francisco, creating between 1 and 10 thousand new millionaires within a year. Housing prices are already considerably higher here than anywhere else in the country. I'm no expert in economics. 

What do you guys think is going to happen? If I'm looking to invest anywhere near the Bay Area, is now a good/bad time? Why?

@Benjamin Kleven When and if the Bay bubble bursts then buy more of course but if you're looking for cash flow, I'd stay away from here. Unless you're already insanely wealthy and need a place to store your money I'd buy commercial properties as the rents are very high and you can collect the cash flow while storing your cash in a paid for property.
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