Lot of foreclosures in Bay area

[chanchala]

7 minutes ago, Migilindi22 said:

Gitlanty survey saana susam. Thatha mida saana ochay. Yemaindy?. I disagree with your analysis. Sfo and ny will bounce back even stronger

businesses always tend to congregate and grow in clusters. that is the only model that has proven to be sccessful post neoliberal era.

there's no universe whre bay area suddenly becomes unattractive to business even with high taxes.

in fact, the high personal taxes is purely the price you pay to stay in bay area.

[Prince_Fan]

[chanchala]

1 minute ago, Prince_Fan said:

orey

[Dhevudu2]

CA is going to see hard time in Real Estate sector 

[snoww]

Many SFO based companies gave permanent work from home. No reason for them to stay in SFO. 

It will get hit hard. 

[Dhevudu2]

Just now, snoww said:

Many SFO based companies gave permanent work from home. No reason for them to stay in SFO. 

It will get hit hard. 

Bro do you know the company names ., I think they gave everyone till end of the year

[snoww]

3 minutes ago, Dhevudu2 said:

Bro do you know the company names ., I think they gave everyone till end of the year

Square,shopify,slack and so many others are going forever remote. 

Many companies announced some % of their jobs will go permanent remote even after corona. 

[Dhevudu2]

1 minute ago, snoww said:

Square,shopify,slack and so many others are going forever remote. 

Many companies announced some % of their jobs will go permanent remote even after corona. 

Oh god.. that’s good

[chanchala]

8 minutes ago, Dhevudu2 said:

CA is going to see hard time in Real Estate sector 

there's no universe where the economy is unaffected but CA homes tumble.

[Dhevudu2]

9 minutes ago, chanchala said:

there's no universe where the economy is unaffected but CA homes tumble.

Obviously ..companies save lot of money if they opt for WFH ..subsequently there will be less buyers

[Discordraja]

3 hours ago, JambaKrantu said:

Corona will change the course of the Bay Area real estate for the worse. Since companies are hiring remotely most of the employees will chose to stay out of Bay Area, already rents are dropping very quickly in SF and Bay Area, next to follow are the home prices. It will take 3 to 5 years for the trend to be sizable enough to show up on paper, so don't look at today's sales and assume that it's going to hold up.Corona is not an ordinary recession, it's effects will be felt for a generation, 20 years from now you will look back and realize how it shaped the future of commercial real estate and overpriced cities.

 LA and Seattle also will be impacted. 

Vachadu midwest dhed dimag gadu Bay area meda analysis seyyataniki

rey poyi a hindi gunta ni 2 hrs lo 30 times eyyu ra demmaki virigipoyi bytaki vastai rendi OT kayyalu😂😂😂

[chanchala]

2 minutes ago, Dhevudu2 said:

Obviously ..companies save lot of money if they opt for WFH ..subsequently there will be less buyers

if the economy doesn't collapse, other people will buy CA homes at those inflated prices. like those holding companies.

 

[chanchala]

6 minutes ago, Dhevudu2 said:

Obviously ..companies save lot of money if they opt for WFH ..subsequently there will be less buyers

CA is too desirable dude. that's why people pay a premium to stay there.

even before Intel HP started in garages there, CA attracted the best in the US.

[Dhevudu2]

Just now, chanchala said:

if the economy doesn't collapse, other people will buy CA homes at those inflated prices. like those holding companies.

 

It will Have ripple effect.. watch my words if companies start allowing WFH.. especially travel/hotel will get hurt .. either case CA Realestate will go down 

[chanchala]

Just now, Dhevudu2 said:

It will Have ripple effect.. watch my words if companies start allowing WFH.. especially travel/hotel will get hurt .. either case CA Realestate will go down 

then the entire economy collapses thammudu. includin a decent chunk of this wfh jobs.