Now this is thrown out the window in a area like Silicon valley or Palo Alto to be specific were tear down houses are 2 mil plus and it only cost 1 mil to build a nice home but said new home will sell for 4 million for a 2k sq ft new build .

A little background:I cohost a podcast called upside about startups outside of Silicon Valley.

., if we were to shed 38% of tech jobs from the Silicon Valley, what do you think would happen to our real estate market?    

I think a startup company in the silicon valley should create a software program soley for real estate portfolios.

Diablo Real Estate Investment Group – link MultiFamily Investor Group – link National Wealth Network – link North San Diego Real Estate Investors Association – link Orange County Investment Club FIBI – link Orange County Investors Club – link Orange County Real Estate Forum (OCRE) – link Prosper Real Estate Investors Association – link Real Wealth Network – link Sacramento Real Estate Club – link Sacramento REIA (SacREIA) – link Sam’s Real Estate Club of LA – link San Diego Investment Club – link San Jose Real Estate Investors Club – link Silicon Valley Investment Club – link Silicon Valley Real Estate Investing Group (Simply Do It) – link Silicon Valley Real Estate Investing Group – link Solano Wealth Builders – link South San Jose RE Investment Club – link The Real Estate Club of Los Angeles – link Unlimited Wealth Investors Network (UWIN) – link

I would wait for the next major downturn if you are wedded to investing here.I've posted this bit elsewhere and I'll share it again:I live in Silicon Valley, and I'm an investment advisor who specializes in real estate.

For San Francisco Bay Area, the heart of booming high tech industry, it seems that the sky has (again) no limit. The huge influx of venture capital has started a trend where for the past 3 years young professionals ar...

@Max Maloney  having grown up in the Silicon valley.. and have done very well on bay area properties over the years..

@Leslie B.I'm still exploring Stockton as an option so my opinion may change after I gather more information, but:Pros: (1) possible appreciation because it is close to the Bay Area and may benefit from people looking for cheaper housing options (indeed, the ACE train runs from Stockton to Silicon Valley); (2) a better rent-to-price ratio than many other California cities allowing for more cash flow opportunities; and (3) proximity to San Francisco, which allows me to invest closer to home. 

@Jeff Kehl Agree, If I can find someone small who would grow with me as I expand, that would be ideal. 6% is very good rate.I thought starting a property management company, but, instead, I am working on a tech solution with a silicon valley partner to help with most of tasks.