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The Masked Tulip

Technology Bubble Raises Fears Of A Palo Alto Housing Bust

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Technology bubble raises fears of a Palo Alto housing bust

Psst! Got a spare $1.3m? Well if you have, a very average house in Palo Alto, home of Facebook and Google among other technology companies, could almost be yours. In a country where collapsing house prices are the norm the technology capital has seen price rises of 20pc, increasing concerns of a technology bubble which could end up bursting.

http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/8584370/Technology-bubble-raises-fears-of-a-Palo-Alto-housing-bust.html

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No it didn't! :lol::o

http://en.wikipedia.org/wiki/The_NeverEnding_Story_(film)

It does now. :)

(he left the end bracket off the link)

Oops so did I.

Mmm..... Something wrong with the copy action on this form :huh:

http://en.wikipedia.org/wiki/The_NeverEnding_Story_(film)

Try again with a space added.

Nope. Still doesn't work. I give up. :(

Something wrong with this forums coding coz the link works OK on another forum.

Edited by Frank8

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“Then there are the people with money to burn from the first, and now this, tech boom who are distorting the market as they are able to pay so much more – often in cash. There are lots of VCs here who have a lot of money and no where to put it – other than in property.”

........

She also revealed that a four- bedroom house had just come on to the market three doors down from Apple chief Steve Jobs’s house, in 'old Palo Alto’, which was in “pretty bad shape and in need of a lot of work” – for $4.6m (£2.84m).

It's a frenzy, someone should tell the BTL brigade.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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