3 ms·
The East Bay should get more attention from investors and the startup community. The area includes a world-class university with huge student population (UC Ber
by nopinsight 10y ago
The East Bay should get more attention from investors and the startup community. The area includes a world-class university with huge student population (UC Berkeley), a less NIMBY atmosphere, beautiful natural settings, and proximity to San Francisco, for significantly more affordable costs. Why is that still not the case?
I am not sure about the NIMBYism though. It certainly exists but I feel it's less intense than in Silicon Valley proper. Could someone with more knowledge of the issues share your opinions?
- sAuronas 10y agoThere is no such less NIMBYism in Oakland. The stakeholders are just different. There is also a racism problem: I sat at a round table forum where the most successful developer in the city (he's building that Brooklyn Basin project) said banks don't want to lend in Oakland when they can just lend to Developers in SF (500/sf is not good enough to deal with minorities, etc). But you're right, East Bay cities ought to get more attention. The person above is right though - Prop 13, as well as CA ballot system is killing the cities and making them museums to car-centric suburbs of the past.