> I wonder if citizens of Detroit made the same predictions in the 1970s. This is a good point, and I have spent time in the rust belt and great lakes regions

> I wonder if citizens of Detroit made the same predictions in the 1970s. This is a good point, and I have spent time in the rust belt and great lakes regions so it isn't lost on me. This was frankly my reaction when I moved to the west coast. (Example from further north: it was hard to see glitzy retail in a place like Bellevue, WA and not think it is overly dependent on the rotting corpse of MSFT. Sorry for a blunt description.) But in my understanding, though, I think San Francisco in particular has had the boom and bust cycles even before tech was most dominant and before a bunch of tech moved north from the valley. It's famously hard to predict things like this. I just have a hunch that some form of housing scarcity will return to SF.