Freaked out? That was a scream of joy!
I was in the market as late as March until the mortgage market closed up on me. 
@manch is right . The world doesn’t have Plan-B , except to return to normalcy . Rick people of the worlld have much to loose if the status quo is changed and they would happily invest money to fund vaccines so that we can all forget covid19 as a bad dream . Covid19 will be like a bad dream as soon as the vaccine comes to market .
1 Like
99.99% of people come with a natural vaccine called immune system. The decision to stay closed has nothing to do with lack of vaccine.
1 Like
Anyone surprised? Rich get richer in good times. Rich get richer in bad times.
Like us? 
Let us eat cake 
How was the market look like for your Los Altos house? I see tons of houses going pending in Los Altos and seems like market is active in 2.5M - 3M range.
Why do they arbitrarily pick the bottom to now? Oh right, it makes a sensational headline to create outrage. Why not pick from before the crisis to now? Why didn’t they talk about how many billions they lost when the market dropped 30% faster than ever. I expect that garbage style reporting from NYT or VOX.
.
1 Like
So much for the water cooler chat 
Anonymous survey. By blind. Enough said.
The Facebook comments on this article is actually more illuminating. Most want the other to leave so they can have the place all to themselves.
Yogi: it’s so crowded nobody goes there anymore.
2 Likes
Palo Alto house. $2500/SF
Tax base. $77k. Taxes $900. The City and County will do well. 6400 SF lot. Tear down and build $4m house?
Zuckerberg said last year that he expected Facebook’s real estate growth to be primarily outside the Bay Area as the region grappled with traffic congestion and high costs. The coronavirus is accelerating that trend.
“This is probably overdue. Over the past few decades, economic growth in the U.S. has been quite concentrated, with major companies often hiring in a handful (of) metropolitan areas. That means we’ve been missing out on a lot of talented people just because they happen to live outside a major hub,” he wrote Thursday.
Mark is silent about the political climate 
and environmentalists 
@manch probably still refuses to believe the secular trend of moving to WFH and plateau-ing of 7x7 RE prices.
@manch, if you like Democrat-California so much, sell your 7x7, buy in Pleasanton, San Ramon, … it takes a long time for titanic to turn, don’t be so short-sighted.
The era of 9-5-5 office is fading.
2 Likes
Price appreciation of condo in 7x7 slow down since 2015 Plateauing even before the current emerging trend of WFH 
The writing is on the wall for so long yet @manch didn’t see it 
SELL your condo! 
1 Like
Not just that the headline is wrong. They wouldn’t leave they would “consider” leaving. Well anyone with a brain would consider their options when presented with such a choice.
1 Like
I consider being a billionaire everyday. 
2 Likes