> The only solution is changing the zoning laws Or these companies can move. If you take successful STEM related businesses and move them to better area's the talent will follow. There is more than 1 answer to this problem, most people just want to change laws because its easier for them.
No way, no how is Google or any other decent employer going to uproot all their knowledge workers and make them unproductive for the foreseeable future by forcing them to move to another region. The diaspora from the Bay Area will keep happening the way it has been: at the economic margins. Over time, people outside of tech who aren’t subsidized by prop 13 or rent control will get priced out. There will be a perpetua…
$1B for 20,000 Bay Area homes
161–170 of 547 posts
Re: $1B for 20,000 Bay Area homes
#162Earlier quoted context omitted.
> It's not the same thing as having a bunch of local companies to choose from. What is the intrinsic advantage to having "local companies" to choose from in a world where every company you'd want to work for also offered remote positions? > Or from the company's point of view, it's nice to have a lot of local workers. Same question for that perspective, except I do have a few ideas of a cynical answer to that questio…
>What is the intrinsic advantage to having "local companies" to choose from in a world where every company you'd want to work for also offered remote positions? The advantage is that on the path in-between now and the perfect future where all companies are remote-first( that we are not sure will ever happen), you will not be at a significant disadvantage when it comes to job prospects. I don't think that many people…
But given a ceteris paribus comparison of the two, my question is what is inherently superior about the onsite position over the remote position?
Re: $1B for 20,000 Bay Area homes
#163I don’t understand why all the growth need to happen in this place and this place alone. Wouldn’t it be nice if “good” jobs overflow SV and appear in other places? (kind of happening to Austin, Boulder, NY, etc.) And people who already live in the area should absolutely have a right to direct it’s future.
Not sure why you're getting downvoted - it's the argument from NIMBY's that keeps getting pushed aside and needs to be properly addressed if this issue will ever get resolved. I've said it before, but it bears repeating: you don't have to live in California. For $1B, you could probably build enough houses for every single Google employee in a place like Detroit, or most other states (Arizona? Nevada? Colorado? etc. e…
Re: $1B for 20,000 Bay Area homes
#164I don’t understand why all the growth need to happen in this place and this place alone. Wouldn’t it be nice if “good” jobs overflow SV and appear in other places? (kind of happening to Austin, Boulder, NY, etc.) And people who already live in the area should absolutely have a right to direct it’s future.
Re: $1B for 20,000 Bay Area homes
#165Personally this class of things really highlights an imbalance for me. Consider that Google runs its own own bus service for employees, and now is building housing for the same. Traditionally, successful businesses in a region paid taxes, and those taxes were used by the local governments to invest in infrastructure like public transport and urban development. So in this regard Google usurps the mandate of the commun…
FWIW I think it would be illegal if Google tried to make the housing exclusive to its employees in the same way that the buses are.
Re: $1B for 20,000 Bay Area homes
#166Bay area voters have made their intentions abundantly clear, in numerous elections and voting: they don't want growth. So much so, that local politicians even brag about how much housing developments they've stopped. Why fight such a huge uphill battle in trying to get housing in the Bay area? Wouldn't it be easier to start from a city or town outside of CA? or at least outside the bay area? Maybe somewhere in the mi…
> If we start a new town or city and put a major employer in the middle, people will move there. Welcome to Houston! Seriously, the typical model for growth here has been for a major employer to make a new campus out in the middle of nowhere away from town, then things spring up around it. As a result, we have lots of urban clusters with skyscrapers a long way from downtown. The energy corridor and the med center sta…
Re: $1B for 20,000 Bay Area homes
#167Earlier quoted context omitted.
$2,000 house payment vs a $3,000 apartment rental is only $12,000 a year in difference.
To many developers in "smaller" tech cities, that's nearly 20% of their pre-tax salary.
The relevant statistic to compare is actual housing cost vs actual compensation in both types of places. For many types of tech jobs, the number still favors big cities, if not in percentage terms, then in absolute numbers.
And when it comes down to a real life decision, there are plenty of other factors (financial or otherwise) besides that one statistic.
Re: $1B for 20,000 Bay Area homes
#168Pols in the bay area suck. All of them. They are against affordable housing and against families. But, they love money more than they hate families. So way this approach will help and pave the way for the other major companies to do the same.
Re: $1B for 20,000 Bay Area homes
#169Earlier quoted context omitted.
Yeah, and instead we're stuck in cars commuting. Remote working frees up more time to spend with other people.
If only we had the knowledge to plan cities so that it's possible to live near where you work. Perhaps it sounds crazy, but we could even stack dwelling units on top of one another.
Re: $1B for 20,000 Bay Area homes
#170It's great that Google wants to increase housing, but is this really going to work? The housing shortage in the Bay Area is not a money problem. If it were possible to build 20,000 houses in the next 20 years, it would absolutely happen without Google's help. The problem with housing there has one simple cause: NIMBYism. SF doesn't want to allow taller buildings and denser housing complexes. It's vastly worse in the…
Is there a good reason for all of these people to live in one little area? No, I don't think there's a really good reason. Everyone wants to take advantage of what the city has to offer, but nobody actually wants to pay fair market value.