2 ms·
I used to live in the Bay Area (Mountain View, 2007-08), but moved away because it was too expensive (ironically, just months before the banking crisis & Great
by hugs 7y ago
I used to live in the Bay Area (Mountain View, 2007-08), but moved away because it was too expensive (ironically, just months before the banking crisis & Great Recession hit). I used to be perplexed why more people didn't also move away, but I finally realized (as the article also explains) that being able to move is an incredibly privileged position to be in. Some people simply can't afford to leave the situation they find themselves in, even if (or because) everything around them is too expensive. This could be because they have no/little savings, have family responsibilities, are dependent on their current employment for specific reasons (like medical insurance), safety reasons, or are dependent on local government services in some specific way. The list is long. Some people are stuck and probably won't get unstuck without major legislative changes that could help them.
- nradov 7y agoI sympathize with those concerns. But yet there were many desperately poor people during the Dust Bowl / Great Depression era who somehow managed to migrate across the country in search of a better life. Why were they able to do it?
- neaanopri 7y agoThe Dust Bowl threatening people with starvation hardly seems comparable with high rents. If SF got hit by a natural disaster which destroyed the Tech community (analogous to farming as the main industry of the midwest), you bet people would leave.