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The Rich Rush to Offload Luxury Properties
Picture courtesy of Getty Photos Soon after a decade of sensation invincible, the tech market is all of a sudden dealing with some thing new: monetary insecurity. Valuations are down, layoffs are up, startup funding no for a longer time feels limitless, and an air of fear has started to permeate the sector, as bosses and employees alike change to a harsher model of fact. In cities like San Francisco, New York, and Miami, luxurious real estate agents are starting to recognize the results of the tech downturn on their business enterprise, they convey to Motherboard, as wealthy tech clientele grapple with the truth that raises, bonuses, and position delivers…