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Home prices are climbing rapidly in the Bay Area, where the economy is performing better, and could reach 2007 pre-crash levels within the next year or two, if the current tech bubble continues.
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Two-thirds of Bay Area executives currently think the economy is getting better, and 60% believe it will improve even more in the next year.
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For the past four years Sheth has been "commuting" by economy air to Mumbai from the Bay Area two weeks nearly every month to run the business.
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As anyone in the San Francisco Bay Area can tell you, the worse the traffic is, the better the economy usually is.
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The Silicon Valley economy has already seen this confidence translate into jobs in the Bay Area, where unemployment is now about 9%, compared to 11.7% in California overall.
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