Jun 21, 2011

Technology bubble raises fears of a Palo Alto housing bust


Technology bubble raises fears of a Palo Alto housing bust
Psst! Got a spare $1.3m? Well if you have, a very average house in Palo Alto, home of Facebook and Google among other technology companies, could almost be yours. In a country where collapsing house prices are the norm the technology capital has seen price rises of 20pc, increasing concerns of a technology bubble which could end up bursting. Read more...

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