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There is no bleeding out. Google is actually expanding massively in the Bay Area with a huge purchase in San Jose, Sunnyvale, Mountain View, and SF. They are ad
by dmode 8y ago
There is no bleeding out. Google is actually expanding massively in the Bay Area with a huge purchase in San Jose, Sunnyvale, Mountain View, and SF. They are adding space for 50k more employees in the Bay, far more than in NY. Facebook is building out its Menlo Park campus and also signed the largest lease in SF history. Tesla has basically taken over every bit of office space in Fremont. Apple recently opened their $5bn campus.Bay Area can only accommodate 8mn people and with housing push perhaps 10mn at max. So obviously the biggest companies in the world needs to expand somewhere else as well
- almost_usual 8y agoAmazing. Driving through the Penninsula is already a total nightmare. Took me 90 minutes to get from San Bruno to San Jose last week. The drive back to the city took 35 minutes in the late evening. How people ride these shuttles, drive, and deal with these commutes blows my mind. It’s only going to get way worse. Most expensive traffic jam in the country. No thanks.
- Reedx 8y agoYeah, it's terrible unless you can avoid driving between 7am - 10am and 4pm - 7:30pm. Also 280 instead of 101 helps.
- solatic 8y ago> Most expensive traffic jam in the country. Not sure if this was your point, but when we can make such a big deal about how a meeting with ten people costs the company ten man-hours and therefore meetings are sooo expensive yet everyone at the entire company goes and sits in traffic twice a day. The macroeconomic cost must be astronomical.