[quote=flu]. . . If you have a home in the bay area, you’d be best serve keeping it for the long term. Because unlike here, there really isn’t that much more places to build in the Bay Area, and housing will always be tight in tech capital.[/quote]

Absolutely.

The few places there ARE left to build are 1.5 – 2.5 hours from the city one way by car barring unforeseen (but relatively common) circumstances. And of course, those areas which still have buildable land for subdivisions will have VERY high MR. For example, Tracy and Patterson’s gubments and school districts currently have more population than they can comfortably handle. Money for city services for thousands of new residents will have to come from somewhere.

flu forgot to mention the millions of well-pensioned retirees from every level of government and type of industry whose longtime homes are mostly situated in the most established, desirable bay area communities. The vast majority of them have and will retire in place, IMO. There’s no reason to move (and thus sell) with such low property taxes and the world, literally, at their feet (everything at their disposal). The bay area (and points northward from there) are awesome places to retire!