Fooled investors flooded Theranos with cash.
Something has to give.
Other tech-heavy office markets too.
Every now and then we get a sign.
Debris from the collapse hits investors left and right.
In the city of San Francisco, the median condo price is $1.11 million and the median house price is $1.25 million, up 72% and 88% respectively from the first quarter 2012. Median means, 50% of the units cost more, and 50% cost less. Which creates an absurd situation: only 11% of the households in San…
An ugly time for IPO stocks.
Yahoo tries to “quietly” dump its Holy Grail property.
We hear a sharp hissing sound.
Party over: “Pent-up supply” in a world with no demand.