That's not an unreasonable perspective but you didn't go far enough. If business owners were to pay workers enough to live at market rates in San Francisco, wha

That's not an unreasonable perspective but you didn't go far enough. If business owners were to pay workers enough to live at market rates in San Francisco, what would the effect on prices be? How much would a restaurant meal cost? Then, once prices resettle at $50/entree, how appealing a city would SF be? Note: Paul Graham recently spoke on how important affordable restaurants are to creating startup hubs![1] That's macroeconomics for you. [1] http://paulgraham.com/pgh.html http://paulgraham.com/pgh.html