A February 5 article in the SF Chronicle discusses three recent studies on whether IPO’s actually affect residential real estate prices. None of the studies focus specifically on the San Francisco market; only one, by Zillow, suggests that the IPO effect on neighborhoods populated by employees who benefited from an IPO, might have seen a substantial increase in prices as a result.
Nevertheless, with San Francisco home prices cooling at the end of 2018 and with AirBnB, Uber, and Slack among others, all poised to go public this year, it will be interesting to see if all the newly minted money will add some “spring” to the spring market. Stay tuned.