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This is the real answer. The problem is that the large global companies like Facebook and Google are extracting an unnatural amount of money and that's flowing
by pfarnsworth 10y ago
This is the real answer.
The problem is that the large global companies like Facebook and Google are extracting an unnatural amount of money and that's flowing into the Bay Area, and translating into high-paying engineer jobs. The problem is all of the great jobs are landing in the Bay Area, and in the age of the Internet that just doesn't make any sense anymore.
These large global companies need to spread that around the US and move jobs around to other areas, so that young people can get exciting jobs in lower cost areas. This will take off the burden off the Bay Area, and ease the pressure of housing prices.