A lot, as the co-founder of YouTube is finding out.
Didn’t do what when they built the most luxurious condo tower in California?!
Already happening, with impeccable timing.
Mega-landlord prepares for downturn.
“All it takes is a couple of big tech companies folding and the floodgates open, causing the sublease market to blow up, rents to drop, and new construction to grind to a halt.”
Done in by a historic construction boom.
Other tech-heavy office markets too.
Two treacherous forces, with impeccable timing.
Last time a “plateau” was declared, the market crashed.
One of its “Biggest New-Housing Construction Booms in History”