3 ms·

If technology is going to outgrow the existing manchild oligarchy, it has to leave Silicon Valley. It's impossible (for a critical mass of people, if not necess

If technology is going to outgrow the existing manchild oligarchy, it has to leave Silicon Valley. It's impossible (for a critical mass of people, if not necessarily the individual) to be anything but The Man's bitch in a place where starter apartments top $3,500 per month and houses cost over $1 million. Silicon Valley's a joke at this point. So where will the technologist's positive-sum impulse reconstitute itself? I have no fucking idea. It could be in Seattle, it could be in the Upper Midwest, and it could be in another part of the world. And who will fund the new way of doing things, one which will be more profitable (in the long term) and much more socially responsible, but less controllable by the people holding the pursestrings? Again, I honestly don't know.

varelse 11y ago
If Seattle implements rent control, it will be the mother of all property investment opportunities as it turns into SF 2.0 over the next decade. Long-term renters will dance in the streets alongside property owners and everyone else will be priced out forever. http://www.komonews.com/news/local/Rent-control-proposed-for-Seattles-affordable-housing-crisis-317743161.html http://www.komonews.com/news/local/Rent-control-proposed-for... Even Paul Krugman thinks rent control is bollocks. Of course, people only listen to economists when they agree with them, but I digress. http://www.nytimes.com/2000/06/07/opinion/reckonings-a-rent-affair.html http://www.nytimes.com/2000/06/07/opinion/reckonings-a-rent-... Sorry for hijacking the topic a bit, but I don't think it will be Seattle. And it's already too late for it to be Boston. I'd love for it to be Portland, but Portland's politics make that impractical. You need a hard to copy magical mix of social liberalism mixed with a healthy subpopulation of corporate whoredom to recreate Silicon Valley IMO.

varelse 11y ago

If Seattle implements rent control, it will be the mother of all property investment opportunities as it turns into SF 2.0 over the next decade. Long-term renters will dance in the streets alongside property owners and everyone else will be priced out forever. http://www.komonews.com/news/local/Rent-control-proposed-for-Seattles-affordable-housing-crisis-317743161.html http://www.komonews.com/news/local/Rent-control-proposed-for... Even Paul Krugman thinks rent control is bollocks. Of course, people only listen to economists when they agree with them, but I digress. http://www.nytimes.com/2000/06/07/opinion/reckonings-a-rent-affair.html http://www.nytimes.com/2000/06/07/opinion/reckonings-a-rent-... Sorry for hijacking the topic a bit, but I don't think it will be Seattle. And it's already too late for it to be Boston. I'd love for it to be Portland, but Portland's politics make that impractical. You need a hard to copy magical mix of social liberalism mixed with a healthy subpopulation of corporate whoredom to recreate Silicon Valley IMO.