One saving grace of California is their gigantic technology industry. Why do you think home prices in the San Francisco Bay Area never cratered--the success of Apple, Facebook, Google and a number of biotechnology firms pretty much kept the state's economy from completely collapsing like what happened to a number of states.
One saving grace of California is their gigantic technology industry. Why do you think home prices in the San Francisco Bay Area never cratered--the success of Apple, Facebook, Google and a number of biotechnology firms pretty much kept the state's economy from completely collapsing like what happened to a number of states.Very true.
It's also very true that the software industry in Silicon Valley has been INUNDATED with Indian software engineers. THEY will work for much less, longer hours and will, without doubt, send money home to India....then eventually bring their families here. That's show biz.
Property values don't seem to go down, do they? They actually did, a TINY bit. They will increase again.