Google Abandons Building 15,000 Homes in San Francisco: Housing Bubble 2.0 - US Housing Crash

Google Abandons Building 15,000 Homes in San Francisco: Housing Bubble 2.0 - US Housing Crash

The poor economy and the aftermath of how we "do things" once again affects others and their everyday lifestyles. Google had plans to build out the local San Francisco / San Jose area with approximately 15,000 houses plus office and retail complexes. The thought, or goal, which was announced back in 2019, was to offer their employees Housing benefits in order to help reduce the costs of shelter for its workforce. Those plans were shelved this week by Google, stating that the environment had changed and that those plans were no longer feasible. On a related note, WeWork filed for Chapter 11 Bankruptcy this week, which came as no surprise: another casualty of the Commercial Real Estate collapse.

This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.

Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, FHA Loans, Real Estate Investing, and Housing Market Predictions for 2023 and Beyond.

Today is November 1st 2023 and Randy will discuss the following topics:

August 2023 Case Shiller Home Index Report

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I will conduct live Q&A sessions and other Real Estate related discussions.

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Primary Home Buying in the Greater Tampa Bay Area
Investment Properties & Turn Key Real Estate Investment Program
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I can be reached at:

Randy Patrick
Licensed Real Estate Broker
WestBay Real Estate, Inc.
813-833-2045
[email protected]

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The free report for the Top 10 Reasons Why We Will Have Another Housing Crash and Housing Crisis can be downloaded at:

www.HousingBubble2.com

If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: [email protected]