Nice to see AZ way down on the list.
I saw it too. Hereâs the thing I have been saying for many years:
The SF Bay may no longer make sense for anyone that isnât truly ambitious. Better to find a remote job and live in a cheaper, and calmer geo.
And yet some take offense to it. Another simple fact:
The SF Bay Area is back. Itâs clearly the center of the AI Boom, even if many are based outside of it, in Paris and elsewhere. YCombinator is having a renaissance, with 3 batches of 100s of top tier startups being hatched in Dogpatch in SF. Most will stay. Even top European accelerators like EF have come to SF. Many VCs that for whatever reason left, have returned.
First Covid and the rise of WFH, then the historic rapid rise of interests rate that ends free VC money, SF was hit especially hard. Some (many?) mistook it as the start of SFâs permanent decline. It couldnât be further from the truth.
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Krisâs message is CA is eroding its golden position. Current CA policies are like chipping the golden mountain (one aspect is mentioned by your linked article). If CA continues current policies, the golden mountain would eventually be gone.
OMG, I stopped the video after a minute. These guys donât know or own anything. Hey, boys, your mothers are calling you to dinner upstairs⌠LOL
The problem is that when you hollow out a society to the point where only the rich and connected prosper you eventually crumble. Where I live most folk probably have less than those guys and yet there are none of SFâs problems. No crime to speak of, better public services despite scant resources, no homeless.
I canât vote anymore but I am soooo glad that Peskin didnât win and that rent control proposition went down. Canât do anything about Trump, but maybe that is just another reason to leave the US.
Donât leave. Stay and fight!!
Both Aaron Peskin and Dean Preston are out. Prop 36 passed. Rent control went down in flame. That shitty AIDS nonprofit that keeps funding these rent control ballot measures, and keep losing, may finally be reined in and defanged.
SF has hit bottom and is now rebounding.
Nationally, the researchers found that about 1 in 127 jobs in the United States paid more than $500,000 a year. In the Bay Area, that figure was 1 in 48 jobs, nearly double the share in the next highest region, Austin, where 1 in 86 workers earned more than $500,000 a year.
Austin is rising fast. Overtook NYC and other tech hubs as the 2nd.
But the researchers also noted two other factors impacting the Bay Area uniquely: its very high housing costs and the rise of remote work. Both have contributed to a hollowing out of middle and low-income residents in the Bay Area, as they were likely priced out or opted to live in a cheaper area because of remote work, the researchers said.
In other words, one need to do simple repairs and maintenance yourself or pay top dollars for such simple tasks.
Why do taxpayers and investors need to pay for incompetence of CA democrats? Shouldnât CA residents who voted for them be solely responsible?
Ilegal immigrants, DEI, badly managed ânaturalâ disasters, âŚ
Curious to know - Scientists attribute this to climate change and how exactly is the incompetence from govt?