Yes, exactly. That's how it works everywhere else in the country. The entire valley should not be preserved as a 1950's time capsule. In the rest of the coun

Yes, exactly. That's how it works everywhere else in the country. The entire valley should not be preserved as a 1950's time capsule. In the rest of the country, when somebody like Google or Facebook comes to town property values shoot up. Property tax assessments follow 1-5 years later. The higher assessments combined with lucrative offers from developers convince the existing owners who cannot afford to live there to move. They take their windfall and move someplace more affordable. Meanwhile, developers build higher density housing, which keeps prices, while high, from reaching insane levels. Everybody wins.