Is the Silicon Valley Real Estate Bubble About to Explode?

  • While rental prices in the Bay Area are as nightmarishly expensive as they’ve ever been, it’s getting noticeably harder to sell a mansion in Silicon Valley. In super-wealthy Palo Alto, where the median price for a home is $2.1 million, Silicon Valley mansions—those costing more than $5 million—lingered on the market for 16 days in April 2016, compared to 11 days in April 2015 and 10 days in April 2014, Bloomberg reports.

READ MORE VIA VANITY FAIR

SV

From The LIFE Images Collection/Getty Image