Re:Silicon Valley homes now out of reach even for big spenders
by pwinnski on Friday December 15, 2017 @05:57PM
(#15935960)
As with most issues, what does the future have to do with today?
Most people don't want to take the risk of a huge hit on their property value today in exchange for a chance at avoiding crisis some day in the future. Ideally, some other chumps would take a huge hit on their property values for the future, and mine would remain high.
I don't actually live in SV, but that sort of thinking is everywhere.
Most people don't want to take the risk of a huge hit on their property value today in exchange for a chance at avoiding crisis some day in the future. Ideally, some other chumps would take a huge hit on their property values for the future, and mine would remain high.
I don't actually live in SV, but that sort of thinking is everywhere.