5 ms·
After SF collapses, housing prices will drop and the Phoenix will rise again.
by fsckin 11y ago
After SF collapses, housing prices will drop and the Phoenix will rise again.
- tgb29 11y agoPhoenix is still growing and the state of Arizona will benefit from the changes in California.
- mikeryan 11y agoThat's not a consistent scenario with what happened last time the tech bubble burst. Believe it or not most folks in the Bay Area don't work for tech startups. It would take a combination of a bunch of market forces to drive housing prices down here.