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A comment on Home Values Are Rising by $800 a Day in San Jose. Parent comment

Re:Home Values Are Rising by $800 a Day in San Jose by htormey on Monday April 09, 2018 @10:22PM (#16798549)
“I also think the tech sector in general (especially any company that is driven by ads) is due for a major correction soon, if not a full burst.”

Why do you say that? Haven’t all the tech companies been performing well across a variety of metrics these last few years?

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Re:Home Values Are Rising by $800 a Day in San Jose by sokoloff on Tuesday April 10, 2018 @08:03AM (#16800686)
Ad money ultimately flows from consumer (mostly) discretionary demand. If we were to see a significant pullback in consumer discretionary spending, you’d see a lagging pullback in ad spending.
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