I don't usually defend the Valley when articles like this come up, because as a tech employee I like having the ability to work anywhere and the concentration o

I don't usually defend the Valley when articles like this come up, because as a tech employee I like having the ability to work anywhere and the concentration of tech in the valley is counter to that. That said, the main arguments here are are 1. wages are too high and 2. rent is too high. Given that both of these are set by the market, this smacks of "nobody goes there anymore, it's too crowded"