Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (21520)	7/27/2004 1:31:26 AM
From: XBrit	Read Replies (2) \| Respond to of 57684

I work at a startup in Mountain View. We need bigger offices, and it's very clear that the office leasing market is much tighter than it was in Sept 2003. Back then, we were able to sub-lease prime space for $2 a square foot. Now, it's at least twice that and there's a lot less choice. IMO the biggest reason for this recovery is that the VC's are back in town. However, I don't think that recovery in SV means anything for the national picture. Here we had a real crash, and cleared out a lot of the excesses of the tech bubble. The rest of the economy had a mild downturn, never cleared the air, and if anything the excesses (debt etc.) have got worse.