יחד, עובדים אובר יכול לקנות כל בית למכירה אחת בסן פרנסיסקו, אוקלנד וברקלי עם…

יחד, עובדים אובר יכול לקנות כל בית למכירה אחת בסן פרנסיסקו, אוקלנד וברקלי עם התזמורת שלהם במזומן

ההנפקה הציבורית העצומה עלולה להפעיל לחץ נוסף

אזור המפרץ שוק הדיור, כבר היקר ביותר ב

מדינה.

עם עושר שנוצר דרך

Uber ההנפקה המקיפה של Uber, הנוכחי ועובדי לשעבר של

העסק יכול לקנות כל בית למכירה בסן

פרנסיסקו, אוקלנד

ברקלי

בשילוב, במזומן – ועדיין נותרו כ -400 מיליון דולר.

או, הם יכולים לרכוש כמעט מחצית הבתים למכירה ב

אזור מפרץ שלם.

זה מבוסס על מחיר ההנפקה של 47 $ למניה, נקודת האמצע של

את טווח ההצעה של החברה הצעת מחיר של 44 $ ל 50 $ לכל

. שימוש במחיר של 47 דולר למניה, עובדים שוטפים ועובדים לשעבר

להחזיק בערך $ 3.32 מיליארד בשווי של מלאי בסן

פרנסיסקו מבוססי החברה.

אם כל 3.32 מיליארד דולר של עושר המניות הכולל היו להיכנס

סן פרנסיסקו מפרץ אזור שוק הנדל”ן פעם ההנפקה

Together, Uber Employees Could Buy Every Single Home for Sale in San Francisco, Oakland and Berkeley with their IPO Cash

The enormous public offering could put further pressure on

the Bay Area housing market, already the most expensive in the

country.

With the wealth created through

Uber’s massive upcoming IPO , current and former employees of

the business could buy every single home for sale in San

Francisco , Oakland and

Berkeley

combined, in cash—and still have about $400 million left over.

Or, they could purchase nearly half of the homes for sale in the

entire Bay Area.

That’s based on an IPO price of $47 per share, the midpoint of

the ridehailing company’s proposed price range of $44 to $50 per

share. Using the $47-per-share price, current and former employees

hold roughly $3.32 billion worth of stock in the San

Francisco-based company.

If all $3.32 billion of the total stock wealth were to go into

the San Francisco Bay Area real estate market once the IPO lockup

period ends, current and former Uber employees could hypothetically

buy:

All 1,612 homes for sale in San

Francisco , Oakland and

Berkeley

combined for $2.9 billion.

All 853 homes for sale in the city of San Francisco for $2.2

billion, and have $1.1 billion left over.

All 1,272 homes for sale in the city of San Jose for

$1.47 billion, and have nearly $1.9 billion left over.

All 643 homes for sale in the city of Oakland for $510.1

million.

All 116 homes for sale in the city of Berkeley for $165

million.

Nearly the entire bottom half of homes for sale by list

price—7,551 homes—across the Bay Area (the San Jose-San

Francisco-Oakland combined statistical area) for $3.32

billion.

The top 2% of homes for sale by list price—223 homes—in the

entire Bay Area for $3.32 billion.

Lyft, the other big ridehailing business based in San Francisco,

went public at the end of March. At that time, we calculated that

current and former Lyft employees could have purchased every

home for sale in the city of San Francisco based on the

company’s IPO price.

Put that together with the wealth from Pinterest’s recent IPO

and the wealth that’ll soon be created by Uber’s IPO, and

factor in the smaller but still major public debut expected to come

down the pipeline from San Francisco-based Slack this year, and

there will be billions and billions worth of cash that could

potentially be poured into the Bay Area real estate market.

The San Francisco metro area, where the typical home sold for

$1.4 million in March, is already the most expensive large housing

market in the country, and San Jose, where the median home price is

$1.1 million, isn’t far behind. The wealth coming down the

pipeline from this year’s Bay Area tech IPOs could put further

pressure on an area where housing is already unaffordable for many

of its residents: Just 2.6 percent of homes

in the San Francisco metro are affordable on the area’s median

household income of $101,714 .

“The Uber IPO, along with the other large tech companies going

public this year, is likely to have a large and lasting impact on

Bay Area real estate,” said Redfin chief

economist Daryl Fairweather . “Given the existing shortage of

housing, competition among newly wealthy buyers will drive up

prices. Less fortunate locals will move inland or out of state in

search of affordable homes and lifestyles.”

Methodology

For this report, we used Uber’s S-1 filing, combined with

Redfin data, to determine the number of homes (single-family homes,

townhouses and condos) current and former Uber employees could

hypothetically purchase with their stock wealth from the

company’s upcoming IPO. Current and former Uber employees held

approximately $1.5 billion worth of vested stock options, plus

$21.7 million worth of vested SARs. They also hold 38.3 million

shares underlying RSUs that will have satisfied vesting conditions

upon the IPO’s completion and that will be left after obligatory

tax withholding in connection with vesting. We multiplied the

number of shares by $47, the midpoint of Uber’s proposed IPO

price, to get $1.8 billion. Altogether, the forthcoming stock

wealth is worth roughly $3.32 billion. We looked at all of the

active listings in the city of San Francisco and the San Jose-San

Francisco-Oakland combined statistical area. Then, we took the

aggregate value of the Uber stock wealth and created a running

total of list prices in each of those regions until the $3.32

billion was exhausted. We repeated the process for the cities of

Oakland, Berkeley and San Jose.

The post Together,

Uber Employees Could Buy Every Single Home for Sale in San

Francisco, Oakland and Berkeley with their IPO Cash appeared

first on Redfin

Real-Time .——————————————————————
Sat, 27 Apr 2019 01:42:49 +0000

חדשות נדלן מארצות הברית – פוסט מתורגם אוטומטית 2 – גרסא עברית

לפרסום שאלות בנושא נדל”ן בארצות הברית הצטרפו עכשיו לקבוצת נדל”ן ולעניין – פורום נדל”ן ארצות הברית:
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——————————————————————

With IPO Cash, Uber Employees Could Buy Nearly Half the Homes for Sale in the Bay Area

With the wealth that will be created through Uber’s massive IPO, current and former employees of the business could buy every single home for sale in San Francisco, Oakland and Berkeley combined.

קישור לפוסט המקורי בפורום נדל”ן ארצות הברית בפייסבוק – חדשות נדל”ן – עובד במחשב שולחני (לצפייה בפוסט יש להיות חברים שאושרו לפורום)

את התגובות המקוריות לפוסט ניתן לקרוא בתחתית דף הפוסט הנוכחי באתר או בקישור לפוסט בפייסבוק וכמובן שאתם מוזמנים להצטרף לדיון