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jrowley
on Feb 6, 2016
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LinkedIn shares drop 40%, erasing $10B of company'...
Exactly. Property values might not continue to grow at such a high rate but they aren't going to decrease by 30%. That's ludicrous.
rsync
on Feb 6, 2016
[–]
It
just happened
! Not more than 7-8 years ago!
It happened in many, many markets across the US and the world.
We just saw it happen!
alexqgb
on Feb 8, 2016
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[–]
That was part of a massive, global
housing
bubble popping. A better point of reference is the dot.com crash (the worst of which was a local event) and the worst you saw, at least in decent areas, were valuations that stopped climbing.
toomuchtodo
on Feb 7, 2016
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How quickly people forget :)
Consider applying for YC's Spring batch! Applications are open till Feb 11.
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