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* If you want a real exodus with a significant change of economic area, move to Baltimore or Detroit or Philadelphia or Austin. I just don't see an 'exodus' whe
by michaelochurch 13y ago
* If you want a real exodus with a significant change of economic area, move to Baltimore or Detroit or Philadelphia or Austin. I just don't see an 'exodus' when people are changing zipcodes but keeping their basic business landscape intact.*
Agreed. San Francisco's in late August as far as the urban cycle of wealth generation => congestion/NIMBY => cultural stagnation => abandon => renewal => ... goes. August. Hot, sticky, little growth. (This might apply to the SF climate, but in most of the US, August is a time of stagnation.) What the young people trying to get established really need is a different season, like Austin's early-May or Baltimore's late-March. (Or Detroit if you can tolerate being between the balls of January.)
If you're 22 and you go to the Bay Area thinking you'll be a VC-backed founder in 5 years and rich enough to retire in 10, then sorry, but you were born 10-15 years too late.