[quote=flyer]Family members who have lived all around the Bay Area for years have mentioned this situation, and are wondering if/when/how it all will end.

None of them are planning to sell their homes, so they don’t really care, but it is interesting to watch.[/quote]

Housing in tech valley is ALWAYS in demand….Has been, always will be. Parents were there in the 80ies. I was there in 90ies-early 2000, and frankly there might be downturns when tech explodes, but something always starts up again.

I would never sell a home in the tech valley simply because of serious housing shortage.. Folks that’s never been, never will understand how crazy things work there…

Carmel Valley is not nearly as big a regret for me as Silicon Valley. When I first got there housing was ridiculous. BUT, I should have float more of my stock options into more houses… Back then you could find something 3/3 in Foster City for $300k and on the lagoon. It was new construction and open for investors… Try double the price now.

Occasionally, I entertain the thought of going back there.. But a company like Google would have to double my salary here to even be close to my cost of living here… (In other words, ain’t gonna happen)…