What Will Happen When the Bay Area Bubble Bursts?
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?