The Uber IPO is a big social moment, too. It will create a massive amount of wealth in the United States, and especially in the Bay Area. Goods: -- More philanthropy -- More money into innovation Bads: -- More expensive real estate -- Fronthier tech industry
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Sure, but also Uber is global co not just SF ... & if ones here are getting so rich from the IPO why not take $ & retire somewhere cheap if pricing remains redic? Are there that many waiting for IPO $ to buy an overpriced Bay Area home? Could borrow against it & do that now.
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Yeah some people will obviously do that.
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