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Concentration begetting more concentration combined with an unwillingness (don't underestimate SV's ability to dig in its heels) to develop leads to a real esta
by ip26 8y ago
Concentration begetting more concentration combined with an unwillingness (don't underestimate SV's ability to dig in its heels) to develop leads to a real estate black hole for dollars, where an ever increasing portion of wealth is diverted to the competition for a place to live.
- firethief 8y agoThat's not tying up wealth, it's tying up money, and I don't see how that is even one of the many problems with the situation in e.g. SF.