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A comment on Tableau stock down almost 50%. Parent comment

Re:Tableau stock down almost 50% by tomp on Friday February 05, 2016 @12:47PM (#11043137)
> upside: expect house prices in the SF bay area to become more affordable.

Until the Chinese peg falls, I don't think you can. I mean, aren't SF house prices driver by Chinese investors about as much as by domestic Twitter millionaires?

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Re:Tableau stock down almost 50% by rhino369 on Friday February 05, 2016 @12:56PM (#11043222)
It's probably supported by both. But if prices fall, that could lead to Chinese abandoning the market and dropping prices further.
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Re:Tableau stock down almost 50% by rconti on Friday February 05, 2016 @03:13PM (#11044276)
it sure didn't dip much in 2008.
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Re:Tableau stock down almost 50% by tomcam on Friday February 05, 2016 @02:38PM (#11044011)
Correct. Cash real estate purchases by Chinese nationals will continue to dwarf those of Silicon Valley employees.
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Re:Tableau stock down almost 50% by simulate on Friday February 05, 2016 @03:02PM (#11044194)
Are there any sources / links you can share on cash real estate purchases in SV or Bay Area? I'm interested in reading more about this and a preliminary search isn't yielding any recent news.
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Re:Tableau stock down almost 50% by collyw on Sunday February 07, 2016 @08:58AM (#11052833)
This sort of data would be interesting/ useful for any location. I was recently in Phuket where I was told property prices are dropping due to the Russian currency tanking, so many of the Russian owners are selling up. Knowing how much of an area is owned by certain foreigners would definitely be valuable knowledge.
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