Has tesla brought wealth to the region?
Sf-based
SF-based.
#1 city for labeling companies as tech and giving them insane valuations. The public market hasn’t been very kind to that lately.
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Palo Alto-based (for now)
Wut? Didn’t Nasdaq break 10k just yesterday?
What about the last 5 years worth of IPOs? It’s pretty bad when the market is at ATH and more IPOs are below IPO price than above it. SV got full of itself with insane valuations for companies with mediocre to bad gross margins that aren’t even scalable tech companies. Only people inside the SV alternate reality bubble believe all of those unicorn valuations.
Data? Many cloud companies IPO’ed within your 5 year timeframe, including your favorite TWLO, which is based in SF not Austin.
Okay house in Palo Alto went pending in a week. Still hot?
https://www.redfin.com/CA/Palo-Alto/713-Montrose-Ave-94303/home/1486500
We’ve been over this before. Just go back to ignoring it.
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Market is RED HOT the last 2 weeks, let’s see if 2 straight days of big Dow stock affects it.
Don’t know how he benefited from startups.
He doesn’t work in startup.
He is not an angel.
After IPO, everybody can trade them.
Over the last 20 years, price appreciation in Austin is on par with 7x7. Even he admitted that price appreciation in Austin over the last two years is higher than 7x7. I have lectured 
him many times, recent trend is more indicative of future trend.
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I don’t work in startups therefore I don’t benefit? Will you be working in car plants? Why are you so excited to give Elon billions of dollars to set up in Austin?
I just asked for data to back up an easily verifiable claim, that most IPOs in the last five years are now below their initial price. That simply doesn’t match my impression. Does it match yours? That seems to be a learning opportunity for me. I like it when data contradicts my impression. I have a chance to correct my thinking.
Selectively comment on one point? I still can’t see how the large number of startups lead to you better off in 7x7 than Austin especially from a RE perspective in the future 
You need to go back to school 
Ofc you can benefit from other ways. Read the entire post 
Which college did you go to? Not UCLA, not UCB, may be start with M 
I don’t have billions, wish I do 
I am not an academic. I no longer study. I have graduated. Not from an US college starting with M 
Why does being the tech startup capital of the world benefit Bay Area, and SF in particular? It’s easy. Because tech is sucking up more and more economic value from every economic activity there is. That’s just an unsexy way to say “software is eating the world”. Startups are just mega big tech firms before they become mega big. Even after they got big they tended to have the most number of highly paid people stay, making sure the economic value stays in the Bay.
This big picture thinking is helpful. It abstracts away the day to day who is getting how much micro picture that’s distracting from the long term trend. Anything that helps tech firms prosper will help the Bay Area prosper, and in turn will make property owners prosper. Nothing goes on a straight line. Bay Area housing price flatlining for 2 years doesn’t bother me at all. I like it. Give me chance to buy more.
Have you?
Again you ignore the hidden threat of the California governances. Keep digging the mountain, won’t be long you have no mountain.
We’re in 3rd year yet I see no up 
Btw is declining not flatlining.
What hidden threat? Wake me up when Austin finally has one unicorn.