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Construction workers already cannot remotely afford to compete in the Santa Clara / SV housing market, and they haven't been able to for a very long time. Const
by pjlegato 10y ago
Construction workers already cannot remotely afford to compete in the Santa Clara / SV housing market, and they haven't been able to for a very long time. Construction work is also short-term and temporary in character. That is not the issue. Not everything that happens is a hidden plot against the long-suffering proletariat by the evil, scheming bourgeois.
The issue is what happened in Mountain View with Google, and in Cupertino with Apple -- a company builds a huge new campus that creates 60,000 or 100,000 new permanent, high-paying jobs, but zero new housing gets created, making the cost of living insanely high for everyone (not just for construction workers.)
This is because the cities won't allow any zoning changes to their low-density 1960s suburban setup. Their goal is to preserve the physical infrastructure in that low-density shape, not to keep out lowly poor people as such.
- johan_larson 10y agoYou'd think at some point salaries would climb high enough -- driven by housing costs -- that it stopped making sense to hire people in SV. But that hasn't happened yet, at least not for programmers.
- pjlegato 10y agoThey believe (rightly or wrongly) that the added costs are worth the benefits from the network effect of being in the region, around lots of other tech people. Many of them are starting to build satellite offices in other places.