Dude.

Dude.

1100sf 2br condo with $400/mo HOA fees? $550k. That's my neighborhood. That's my building. That's the unit I lived in until 2013. Literally. That's in the cheapest neighborhood in the westside. Everybody I know is moving to the Valley, where a similar setup is only $450k. I know people talking about moving to Palmdale.

San Fran is a leading indicator. Ain't nothing so batshit as the tech sector right now, and ain't no housing prices so batshit as tech housing prices. It's not like Uber's cratering isn't going to impact the rest of the economy. Wanna see $5 BILLION dollars in market cap go away in two sentences?

“We haven’t done a great job at aligning the entire company around our total audience strategy. We’re in the process of implementing a stronger discipline of direct ownership and accountability.”

It's lame - I'm about to take my money out of my ratcheting index funds and start to play the ponies with it. Nothing stupid - just better index funds and some diversification. But the more I look at things these days, the more I realize that if it were 2007 I'd be even more eager to hide my money in my bomb shelter. I may just leave things where they are and wait for this shit to settle itself out.