Silicon Valley Luxury Prices Have Dropped 17% in Past Downturns – and Another Correction May Be Coming

The Silicon Valley luxury market is riding a wave of capital spending on AI infrastructure that even its biggest beneficiaries acknowledge looks overheated. John Young, co-founder of Young Platinum Group at Golden Gate Sotheby’s International Realty, has analyzed Palo Alto housing data across three major downturns over the past 28 years. His conclusion: while the […]