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Tech elites leaving San Francisco threaten Silicon Valley's supremacy

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Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#61
post #31

Earlier quoted context omitted.

San Diego and Los Angeles offer much better weather.

Especially on the coast. 100% agree. I've had months and months of continuous rain in the Bay, something I never witnessed when living down South. It's cheaper too. Much much much MUCH more diverse. And food's better as is the landscape.

Ya, anytime I'm in the bay area, it seems to frequently be very cold and rainy. It really doesn't get that cold in socal.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#62
Instead of trying to help the tech boom and the people who created it, SFBA government and locals grew ever more greedy and entitled, looking to fleece techies at every opportunity.

"Why should we build more affordable housing? We'd rather ban development, and make these 'rich young techies' pay through the nose to landlords who just happened to buy a house here 20 years ago!"

"Who cares about ensuring reasonable quality and cost of living in SF? As the local government, we'd rather just figure out a way to tax the crap out of them!"

Enjoy the result.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#63
post #24

As it happens, tomorrow I’m putting in my 30-day notice to terminate my lease and leave the Bay. (And I’m paying 2 additional months rent in fees to do so) Not being tied to the office fundamentally changes the calculus of choosing where to live. There just aren’t good reasons to live here anymore for so many of us. Even if you enjoy the area, chances are you can get a better deal by moving just a bit further away. A…

There's a lot to like about many areas of California. Which ones may depend on your weather, cultural, etc. preferences. But Silicon Valley proper I find not particularly appealing; housing costs are only part of the reason. (SF itself has well-documented pluses and minuses.) I don't live or work in CA/SV. But if I were in SV but no longer needed to commute, I might well stay in CA but I'd probably move somewhere out…

I did this and completely agree. I lived in the bay area since high school, more than two decades ago. Last year I finally moved away from it for good. Not far, just to the Greater Sacramento area. (I've been working remotely for a couple years, well before COVID) Qualify of life improvement is huge. Weather and cultural are important reasons for me to stay in California (plus family and friends), and I still get that here. (in fact, I prefer weather in Sac -- real summers/not chilly, and winters are similar to the bay area). My house now is easily 1/3 the cost of a similar one in the peninsula or 1/2 the cost of a similar one in east bay.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#64
post #37

This is what happens when a city neglects basic quality of life issues, and allows petty crime to thrive. It happened to New York in the 1970's and took roughly three decades to recover from. Good luck, San Francisco.

I think many people prefer petty crime to tech elites. With the upward pressure on rents over the last 10 years, even having your bike stolen every few weeks is cheaper than getting evicted and/or having to find a market rate dwelling.

Of course, it's better to have neither exploding costs nor petty crime, but at the end of the day, dealing with petty crime is more affordable.

EDIT: Getting downvoted to oblivion but I'm not wrong.

https://sf.curbed.com/2019/12/12/21001080/san-francisco-sf-r...

"In 2010, a two-bedroom SF apartment on Craigslist averaged $2,893 (per historic data compiled in 2016 by Eric Fischer), or $3,396 after inflation. At the end of 2019, similar units on the same site sit at a median of $4,300, up 26.6 percent."

It would have taken a lot of petty crime to amount to that $12K per year in inflation-adjusted (i.e. real) increase.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#65

As it happens, tomorrow I’m putting in my 30-day notice to terminate my lease and leave the Bay. (And I’m paying 2 additional months rent in fees to do so) Not being tied to the office fundamentally changes the calculus of choosing where to live. There just aren’t good reasons to live here anymore for so many of us. Even if you enjoy the area, chances are you can get a better deal by moving just a bit further away. A…

Where are you going?

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#66

Instead of trying to help the tech boom and the people who created it, SFBA government and locals grew ever more greedy and entitled, looking to fleece techies at every opportunity. "Why should we build more affordable housing? We'd rather ban development, and make these 'rich young techies' pay through the nose to landlords who just happened to buy a house here 20 years ago!" "Who cares about ensuring reasonable qua…

I don't understand how the bay area could even handle more people. I think you'd have to increase the number of lanes on the 101, 280, 237, 85 by at least 4 more to make it work with the current population.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#67
post #33

Tech in SFBA reminds me of the Resource curse ( https://en.wikipedia.org/wiki/Resource_curse ). SFBA did nothing special to attract the wealth of technology companies, they effectively got lucky with Shockley/Fairchild/Traitorous 8 and the boom in technology that followed. It seems the local gov't have squandered an opportunity to truly capitalize on the gift they were given, and perhaps even done their best to jeopa…

This is ridiculous. The Bay Area, specifically Stanford and Berkeley, contributed to the WWII tech research initiative and then afterwards, Terman made Stanford Research Park which led to Silicon Valley.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#68
post #12

Earlier quoted context omitted.

“Better weather” I can’t help but laugh. One of five Mediterranean climates worldwide, built on apricot orchards, formerly home to one of the most diverse animal and again ecosystems before the arrival of whites. It’s really hard to beat the weather in Silicon Valley. It’s almost non seasonal, anything grows. The diversity currently of this area is very high, it’s the home of top universities, between the two cross p…

I think California has created this myth that constant sunshine = perfect weather. I personally like things like summer thunderstorms, snowy winters, mild cloudy days, and rain. It's definitely not bad weather, but the lack of variety and endless dry smoggy summer months can get pretty old.

It's rarely unreasonably cold or unreasonably humid and hot.

And almost everywhere else has large numbers of days where one of the above is true.

Sure, it would be neat if we could have one snowy day a year and a summer thunderstorm or two, too.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#69
How many companies recant on the benefits of remote work and return to offices, how much "geo-pay" gets accepted as "well this is how remote work is now", and probably people burning out of working out of their home office are things to watch in the next few years. People might actually want to go back to places like SV when they get bored making 2/3 less in some quiet burg in Indiana.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#70
I'd love to hear from people who want to stay in the Bay area what is unique that you cannot find elsewhere in cheaper locales.

I lived in Mountain View for 3 months during 500 startups and the valley proper was the most garden variety suburban existence you could find anywhere.

I lived in SF proper off and on and can attest that it certainly has (had?) fantastic restaurants/shops and a particular type of culture that many people love. However the basic infrastructure and problems with SF are well known and have been documented.

I can't see at this point how the former plusses of SF outweigh the latter negatives and frankly I see no inherent plusses to the Valley.

It seems that people (technologists mostly) literally only value the valley because of technology companies and even more pointedly - because that's where the big VC money lives.

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