Dropbox’s $400M Real-Estate Loss and Office Rents in SF’s Biggest Office Glut

  • It's astonishing to me that Dropbox ever thought it needed a 750,000-square-foot headquarters building. Wow.

  • The cost of Real Estate in Russia / Eastern Europe is 20,000 USD / apartment, with 8% central bank interest rates.

    I see prices in US/UK/Canada dropping to those levels.

    [ If you don't think my pricing model is accurate, please mark my comment and we will talk in 2040. ]