Bitcoin apple stocks
The surge of the last five years has been shocking, and almost no one I know feels good about how difficult it is for people to buy a new home in Silicon Valley in Some houses are pretty bad but others arae actually at a reasonable price, because they come with furniture and some even come with shutters from plantation shutters installation Sydney. They are actually bitcoin apple stocks good quality. The truth is, as shocking as the rise in Silicon Valley home prices has been, there has also been an bitcoin apple stocks boom in other dimensions as well.
Total compensation for engineers is up considerably and stock prices at the big tech companies continue to rise. As a proxy for Silicon Valley, I pulled the last 5 years of home prices from Zillow, and monthly stock price data from Yahoo. A quick check on Zillow seems to confirm this. I picked June — Junenot only because it is roughly five years, but also bitcoin apple stocks also happens to mirror the time bitcoin apple stocks Facebook has spent as a public company.
For many in the local real estate market or online sites as SafeguardProperty. Five years later, the estimate for June is up In Juneit took 16, shares of Apple stock to bitcoin apple stocks the average Palo Alto home.
In Juneit took 16, shares. If bitcoin apple stocks look at the chart, the pink line shows clearly the large rise in price for the average Palo Alto home. As you can see, AAPL stock is volatile, bitcoin apple stocks five years later, that ratio has ended up in almost the exact same place.
Since JuneAlphabet has seen its stock price rise What does this bitcoin apple stocks It took 4, shares of Google to purchase the average Palo Alto home in Junebut it only took 2, to purchase the average Bitcoin apple stocks Alto home in June Facebook, the youngest of the massive tech giants, already has one of the largest market capitalizations in the world. To state the obvious, it has been a good five years for owners of Facebook stock. In Juneyou would have needed 44, shares to buy bitcoin apple stocks average Palo Alto home.
In Junethat number had dropped significantly to just 16, shares. While I realize that Bitcoin is not a stock, the original idea for this post came from a joke I made on Twitter recently given all of the buzz about Bitcoin, Ethereum and ICOs over the past few weeks.
Well, at least the price of homes in Silicon Valley is dropping rapidly when valued in Bitcoin. In June ofit would have takenBitcoin to buy the average home in Palo Alto. In June ofthat number is now down to Needless to say, anyone who sold Bitcoin to buy a house in is likely not loving these numbers. But to people who have held Bitcoin for the past five years, Palo Alto is looking cheaper by the day. I believe the real driver of home prices in Silicon Valley is the lack of sufficient building of new supply at pace with the economy, combined with a significant increase in compensation for technology employees and historically low interest rates.
But the fact is, if you are fortunate enough to have equity in one of the tech giants or in Bitcoinhouses might actually be looking cheaper now relatively than they did five years bitcoin apple stocks. I always find it enlightening to look at real data and compare it to intuition.
Hope you find this data and these charts as interesting as I did. Also, Eric Fisher does one of the best analysis of the drivers of home price increase and asserts that the cost of housing is driven bitcoin apple stocks 3 things 1 housing supply 2 wage growth 3 employment growth.
Lots of great charts. Finally, a here is an article where John Cochrane writes about bitcoin apple stocks two most interesting research papers on housing to come out this here. So if you need a trigger warning, this is it. Where have I heard that number before?
Facebook FB Facebook, the youngest of the massive tech giants, already has one of the largest market capitalizations in the world. Post was not sent - check your email addresses!
Sorry, your bitcoin apple stocks cannot share posts by email.