> I don't think you quite grasp the effects of a massive influx of hundreds to thousands of new individuals making $150k-250k. It also drives up demand for new

> I don't think you quite grasp the effects of a massive influx of hundreds to thousands of new individuals making $150k-250k. It also drives up demand for new housing and thus urban renewal projects become viable, which contribute to create higher-quality housing suitable to modern needs, not to mention contributions to ancillary services like public transportation. > It increases rent across the board, which impacts all the people in an area. No it doesn't. It impacts those who don't live there but want to, and due to increased demand need to compete with more people for that privilege. > Sure, it might create a few new jobs for baristas and shopkeepers, a few bartenders and waitresses. Ah yes, because those who didn't had opportunities to enroll in an engineering degree deserve to have their occupations ridiculed, and shouldn't even have the right to a respectable job.