Is the Housing Bubble in Silicon Valley a Myth?
Silicon Valley has been growing leaps and bounds in regards to the influx of hi-tech businesses. Many hi-tech companies, including Apple, Google, LinkedIn and Facebook, are snatching up land in the Bay Area to accommodate their growth plans. 1.2 million jobs are expected to be added to the nine-county Bay Area by 2040 (32% increase over the current 3.7 million jobs). That means the demand for housing and home prices will continue to go up, not down. So, the high home prices were experiencing in Silicon Valley now will probably continue for many years. Click on the link below to read more on this topic.
Silicon Valley Housing Bubble?