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Despite a booming housing market and strong economic markers in local sectors like tech and biotech, more respondents than not in a recent Bay Area poll said they believe the region is in for a “significant” economic downturn within the next three years.
The poll found 37 percent of residents believed the Bay Area’s economy will see a correction in that timeframe, while another 15 percent said they thought it was more likely to be between three and five years “before the pendulum swings back.”
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