Ever since the housing market crashed in 2007/2008, and proceeded to recover in the years since, California has been the poster child of the latest housing bubble. This bubble appears to be partly fueled by the Bay Area’s tech bubble, as thousands flock to Silicon Valley to create startups and intern for large companies like Google. In short, real estate and rent has gone absolutely bonkers because of this, and for proof, you need not look any further than this story from Mountain View, CA.
This post was published at The Daily Sheeple on June 27th, 2015.
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