The Glasshouse Report

Saturday, March 18, 2017

Has The Tech Bubble Peaked? Signs That The Startup Boom May Be Fizzling


By The Guardian, March 17, 2017

If you were looking for an apartment in the Bay Area 18 months ago, realtors recommended you took your checkbook to viewings and were prepared to fork out for the deposit and first month’s rent – that’s $8,000 to $10,000 for a two-bedroom place in San Francisco – on the spot.

“There was no negotiation because there were 10 people behind you saying, ‘We’ll take it’,” said Ron Stern, CEO of housing relocation service Bay Rentals.


Read More: https://www.theguardian.com

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