Million Dollar Shack: Trapped in Silicon Valley's Housing Bubble!

[Matt R.]

I have been on BP for two years now and have read a plethora of reasons why some would not invest in California. Ranging from landlord laws to pricing. During that same time and the 3 years previous California prices and rents have skyrocketed. I know hindsight is 20/20. 

Now this video shows how crazy the Bay Area is getting. I think parts of LA are experiencing this same thing now. 

Thoughts or comments? 

[Account Closed]

Great video and as the video says the prices will only go higher and higher. Market is on fire and on the rise. As a general contractor i would buy if I could get in but these homes are sold in days for cash. I see no reason why the market would not continue for at least the next 3-5 years before a possible plateau.  Other may feel different so Id like to see what others says.