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A comment on LinkedIn shares drop 40%, erasing $10B of company's value. Parent comment

Re:LinkedIn shares drop 40%, erasing $10B of company's value by Cookingboy on Saturday February 06, 2016 @05:02AM (#11047172)
Bay Area's real estate is actually pretty cheap, considering how much economical output the area has and how desirable the location has been historically.

Look at Vancouver, Hongkong, Shanghai, Moscow, Tokyo, all have waaaaay lower average household income than San Francisco Bay Area, yet wil much more expensive realestate price.

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Re:LinkedIn shares drop 40%, erasing $10B of company's value by rfb on Saturday February 06, 2016 @12:28PM (#11048660)
Living in British Columbia, I had always assumed Bay Area real estate would be astronomical. I found it surprising to see single family detached homes in the Bay Area for $300,000. That's entirely reasonable considering the potential incomes.
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Re:LinkedIn shares drop 40%, erasing $10B of company's value by infinite8s on Saturday February 06, 2016 @12:57PM (#11048813)
Which part of the bay area? Those homes are probably > 1.5 hr commutes for most jobs.
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Re:LinkedIn shares drop 40%, erasing $10B of company's value by JauntTrooper on Saturday February 06, 2016 @06:55PM (#11050691)
How long ago did you see that? And where?

The median price for a single-family home in the Bay Area is $841,560 as of Summer 2015.

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