What happens to tech hubs now that tech stock prices have already been priced with future growth in mind? When people like me got tech jobs 2+ years ago, stock prices were low and stock grants were set accordingly. Now, new grads are likely going to get less shares and won't see the sort of windfall that previous generations received. Will this put downward pressure on real estate prices or reduce the overall draw of the Bay Area?
If you worked at (eg.) FAANG 2 decades ago, someone might say said this.
If you worked at FAANG a decade ago, someone might say said this.
If you worked at FAANG in 2019, someone might say this.
Its now 2021 and you just said this.
Sure the windfall might not be what they were years ago for any one example company, but that "priced for growth" isn't a single event - people will still see some windfall since growth will probably still happen.
