How the Coronavirus will affect Bay Area Housing Market

:o: back to :unicorn:? It didn’t help. Prices decline for two straight years :scream:

Ok. Where’s your list of unicorns that have done well after going public? Meanwhile, there’s gems like Fitbit, Uber, Lyft, Box, Dropbox, and Slack. Then there’s all the ones that canceled or delayed their IPO during a bull market.

In the first two years after IPO, share prices typically fall as the initial excitement often proves to be getting ahead of itself. But after 3 to 4 years? My impression is that they typically go higher than their IPO price. Companies like your favorites OKTA and TWLO fit this pattern.

For Slack and Uber you just have to give them some time. Dial back in two years later. I own both.

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Own so many winners, make less than @wuqijun :smirk: hit the target of $10M by age of 50? If not, failure :confounded:

Phishing for personal information? Still waiting to see your Apple holding. :smiling_imp:

10m by 50?
Y’all slacking

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“I’ve lived in San Francisco since 2011 (also lived in the Bay Area for a few months in 2008 and 2009) and consider SF to be my home. I’m really sad to go, but feel like it’s the right thing to do given the cost of housing/living and the general condition of our streets and neighborhoods (i.e., the poop/needles/trash on the streets).” — Josh Garber

Push factors.

the real estate investment opportunity in Texas was attractive to me, given the lower cost of land (there’s a great growth trajectory in Texas in real estate for many reasons — including the tech exodus from coastal cities happening now). I’m looking forward to a great time in Texas!” - Lemar Ashhar, 26

Pull factors.

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Left 7 years ago. Don’t miss it. Still love California. But unless you are making a tech salary their are plenty of options only an hour away.

SF Bay are now has a competition. They keep changing the name. Used to be known as CHAZ. Now it is called CHOP.

Taking investment advice from 26-year-olds nowadays? Buying Hertz stock soon?

The future has left for Texas! You refuse to change your mind when new info is OUT!

https://www.linkedin.com/in/lemarashhar/

Sales rep working for a biotech firm in SSF.

“Low cost of land” means a good RE investment opportunity? Walk me thru why it’s so. Things are low cost for a reason, just like you don’t look at penny stocks and think low cost of stocks means it’s a good stock investment.

You’re a newbie? Which one appreciates? Land or improvement?

Why are you always talking in black and white? Too much digital? You are old school. Now have tristate :slight_smile: Between black and white, there are many grays and colors.

Thought experiment:

If you have a gigantic egg, once it breaks, ALL eggs are broken.
If you have 10 smaller eggs of same worth, one egg is broken, 9 eggs are not :slight_smile:

Now replace break with vacancy :slight_smile: Thank me during bad times.

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Low cost usually means there is abundant supply. If something is not rare price is low. Maybe you are talking about inflection point again? Not convinced. Wake me up 5 years later.

Land is never in abundant supply :wink:

Teach you some basic maths:

$100 * 10% = 10 x $10 x 10%

Another similar thought experiment:
Say you lose 1 bill.
If it is a $100 bill, you lose $100.
If it is a $10 bill, you still have $90.

Are you saying :

Instead of buying a single 1.5 M property in SF bay area, one can buy three 500K properties in Texas, and still earn the same return over the same period of time?