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.
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Detroit used to be the equivalent of “high tech” before there was such a thing. It relied on heavy industry, which is different than Silicon Valley, but no one ever believed that it could fail. Adjusted for inflation, my parents house (in what was once a nice suburb) is now worth 70% of what it was in 1987.