chanchala Posted August 20, 2020 Report Share Posted August 20, 2020 7 minutes ago, Migilindi22 said: Gitlanty survey saana susam. Thatha mida saana ochay. Yemaindy?. I disagree with your analysis. Sfo and ny will bounce back even stronger businesses always tend to congregate and grow in clusters. that is the only model that has proven to be sccessful post neoliberal era. there's no universe whre bay area suddenly becomes unattractive to business even with high taxes. in fact, the high personal taxes is purely the price you pay to stay in bay area. Quote Link to comment Share on other sites More sharing options...
Prince_Fan Posted August 20, 2020 Report Share Posted August 20, 2020 Quote Link to comment Share on other sites More sharing options...
chanchala Posted August 20, 2020 Report Share Posted August 20, 2020 1 minute ago, Prince_Fan said: orey Quote Link to comment Share on other sites More sharing options...
Dhevudu2 Posted August 20, 2020 Report Share Posted August 20, 2020 CA is going to see hard time in Real Estate sector Quote Link to comment Share on other sites More sharing options...
snoww Posted August 20, 2020 Report Share Posted August 20, 2020 Many SFO based companies gave permanent work from home. No reason for them to stay in SFO. It will get hit hard. Quote Link to comment Share on other sites More sharing options...
Dhevudu2 Posted August 20, 2020 Report Share Posted August 20, 2020 Just now, snoww said: Many SFO based companies gave permanent work from home. No reason for them to stay in SFO. It will get hit hard. Bro do you know the company names ., I think they gave everyone till end of the year Quote Link to comment Share on other sites More sharing options...
snoww Posted August 20, 2020 Report Share Posted August 20, 2020 3 minutes ago, Dhevudu2 said: Bro do you know the company names ., I think they gave everyone till end of the year Square,shopify,slack and so many others are going forever remote. Many companies announced some % of their jobs will go permanent remote even after corona. Quote Link to comment Share on other sites More sharing options...
Dhevudu2 Posted August 20, 2020 Report Share Posted August 20, 2020 1 minute ago, snoww said: Square,shopify,slack and so many others are going forever remote. Many companies announced some % of their jobs will go permanent remote even after corona. Oh god.. that’s good Quote Link to comment Share on other sites More sharing options...
chanchala Posted August 20, 2020 Report Share Posted August 20, 2020 8 minutes ago, Dhevudu2 said: CA is going to see hard time in Real Estate sector there's no universe where the economy is unaffected but CA homes tumble. Quote Link to comment Share on other sites More sharing options...
Dhevudu2 Posted August 20, 2020 Report Share Posted August 20, 2020 9 minutes ago, chanchala said: there's no universe where the economy is unaffected but CA homes tumble. Obviously ..companies save lot of money if they opt for WFH ..subsequently there will be less buyers Quote Link to comment Share on other sites More sharing options...
Discordraja Posted August 20, 2020 Report Share Posted August 20, 2020 3 hours ago, JambaKrantu said: Corona will change the course of the Bay Area real estate for the worse. Since companies are hiring remotely most of the employees will chose to stay out of Bay Area, already rents are dropping very quickly in SF and Bay Area, next to follow are the home prices. It will take 3 to 5 years for the trend to be sizable enough to show up on paper, so don't look at today's sales and assume that it's going to hold up.Corona is not an ordinary recession, it's effects will be felt for a generation, 20 years from now you will look back and realize how it shaped the future of commercial real estate and overpriced cities. LA and Seattle also will be impacted. Vachadu midwest dhed dimag gadu Bay area meda analysis seyyataniki rey poyi a hindi gunta ni 2 hrs lo 30 times eyyu ra demmaki virigipoyi bytaki vastai rendi OT kayyalu😂😂😂 1 Quote Link to comment Share on other sites More sharing options...
chanchala Posted August 20, 2020 Report Share Posted August 20, 2020 2 minutes ago, Dhevudu2 said: Obviously ..companies save lot of money if they opt for WFH ..subsequently there will be less buyers if the economy doesn't collapse, other people will buy CA homes at those inflated prices. like those holding companies. Quote Link to comment Share on other sites More sharing options...
chanchala Posted August 20, 2020 Report Share Posted August 20, 2020 6 minutes ago, Dhevudu2 said: Obviously ..companies save lot of money if they opt for WFH ..subsequently there will be less buyers CA is too desirable dude. that's why people pay a premium to stay there. even before Intel HP started in garages there, CA attracted the best in the US. Quote Link to comment Share on other sites More sharing options...
Dhevudu2 Posted August 20, 2020 Report Share Posted August 20, 2020 Just now, chanchala said: if the economy doesn't collapse, other people will buy CA homes at those inflated prices. like those holding companies. It will Have ripple effect.. watch my words if companies start allowing WFH.. especially travel/hotel will get hurt .. either case CA Realestate will go down Quote Link to comment Share on other sites More sharing options...
chanchala Posted August 20, 2020 Report Share Posted August 20, 2020 Just now, Dhevudu2 said: It will Have ripple effect.. watch my words if companies start allowing WFH.. especially travel/hotel will get hurt .. either case CA Realestate will go down then the entire economy collapses thammudu. includin a decent chunk of this wfh jobs. Quote Link to comment Share on other sites More sharing options...
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