2 ms·
Maybe we don't want to continue. Maybe the insane rents will cause closures of a lot of the places that make SF attractive to the tech workers, and slowly SF wi
by draw_down 11y ago
Maybe we don't want to continue. Maybe the insane rents will cause closures of a lot of the places that make SF attractive to the tech workers, and slowly SF will become less of a destination for them, and they will start flocking to other places instead of to SF. And then maybe tech companies will have to open offices elsewhere and the situation will equalize itself that way. But then I'm not personally invested in SF staying a tech hub.
- mooreds 11y agoWould be nice. There are network effects, though, that make this less likely. If prices "succeed" in driving people out, prices will fall to the point that people come back in (as long as the network of money and jobs stays intact).