> The vast majority of my clients have graduate degrees, PHD, MBA, law degree. You pretty much need this, to be hyper educated to be able to afford this area. And I would say, just to quantify, probably about a 20 to 30 point higher IQ score than the sellers.
This is a good film, but it tries hard to highlight the absurdities of the market and attitudes to make a good story.
No doubt the market is in hyper-growth phase, mostly around Cupertino, PA, Mnt View, Sunnyvale, etc. (20%+) with 8-10 ranked school districts. Even so, there are still decent options in these areas.
San Jose and East Bay have even more affordable options, but I predict they will soon appreciate as more companies set up offices (Uber, etc). At least that's where I'll likely invest long term.
If you're looking at bubbles, according to Paragon "the period between bubble and recovery is 5-7 yrs".. so the SF bubble would peak ~2016-18
This is a good film, but it tries hard to highlight the absurdities of the market and attitudes to make a good story.
Read the transcript for more nuggets: http://milliondollarshack.com/movie-transcript/
No doubt the market is in hyper-growth phase, mostly around Cupertino, PA, Mnt View, Sunnyvale, etc. (20%+) with 8-10 ranked school districts. Even so, there are still decent options in these areas.
San Jose and East Bay have even more affordable options, but I predict they will soon appreciate as more companies set up offices (Uber, etc). At least that's where I'll likely invest long term.
If you're looking at bubbles, according to Paragon "the period between bubble and recovery is 5-7 yrs".. so the SF bubble would peak ~2016-18
https://twitter.com/tzmartin/status/655506111705972736