LinkedIn shares drop 40%, erasing $10B of company's value

Re:LinkedIn shares drop 40%, erasing $10B of company's value by marincounty on Friday February 05, 2016 @09:29PM (#11046224)

There are areas that do not follow Bay Area realestate economics.

I have watched Bay Area realestate for too many years. I do agree the decline will be at least 30%. I think it will be more like 40%, but who knows.

That said certain areas (Rich areas--Pacific heights, etc.) of San Francisco do not follow the trends. Marin county, with the exception of Novato, do not follow the trends.

[ Parent | on HN ]

Re:LinkedIn shares drop 40%, erasing $10B of company's value by cylinder on Saturday February 06, 2016 @03:49PM (#11049769)

Rich areas are "tightly held," they usually don't have mortgages and the owners are wealthy enough to not need to sell at a loss in downturns. These are the safest areas but don't get the huge appreciation in the upswings

[ Parent | on HN ]