As we celebrate the proud history of Latinx Americans now through October 15, we want to call out these words from Julian Castro, Former U.S. Secretary of Housing and Urban Development:
“In the end, the American dream is not a sprint, or even a marathon, but a relay. Our families don’t always cross the finish line in the span of one generation. But each generation passes on to the next the fruits of their labor.”
Over the past 40 years, the Bay Area housing market has seen at least four major booms. Every time, experts said the good times would never end. Every time, they were wrong. Economists call this “irrational exuberance”.
Each of these booms – or upcycles – have been followed by market corrections, sometimes with devastating consequences, such as the Great Recession. Every time, experts predicted an endless downward spiral. Every time, they were wrong.
Like any industry, housing markets run in cycles. But despite all the booms and busts, our local market has always come back stronger than ever.
Whether it’s our status as a financial, innovation, and cultural center, spectacular natural beauty and open space, and diversity, inclusion, and opportunity, Silicon Valley continues to be one of the world’s great metropolitan areas.
Did you know that Cinco de Mayo is more than an excuse to drink and cruise around? It commemorates the anniversary of Mexico's unlikely victory over the French army at the Battle of Puebla in 1862. Here’s the whole story.
All through March — and every month — we celebrate the strength, determination, passion, and perseverance of women who built our country!
Each February, we honor the contributions of African Americans to building this country, from the first enslaved people first brought from Africa in the early 17th century to Black people living in the United States today. Learn more
