Upcoming Tech IPOs Already Influencing Bay Area Real Estate

28 min
at 10:30 AM
Tech companies slated to go public this year will likely bring a lot of new wealth into the Bay Area, adding to an already sky-high real estate market. (Photo: Josh Edelson/AFP/GettyImages)

With tech companies like Uber, AirBnB and Pinterest slated to go public this year the Bay Area will likely be gaining thousands of new millionaires. New York Times tech reporter Nellie Bowles recently wrote about what all that new money could mean for local real estate. We'll talk to Bowles about what she's hearing from community advocates who are nervous that the influx of IPO windfalls will lead to further displacement and gentrification in San Francisco. Tell us: how, if at all, are the upcoming IPOs influencing your financial decisions?

When Uber and Airbnb Go Public, San Francisco Will Drown in Millionaires (New York Times)


Nellie Bowles, tech reporter, New York Times