This investment is enough to buy five homes in San Jose, where the median home price is $995,000. Google has over 100 open job postings around San Jose this morning and a $31 B profit last year.https://twitter.com/sundarpichai/status/1189189205085188096 …
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The fact that the tech industry, the richest in the world, is a net drain on the region it's based in is an astonishing indictment of tax policy and regional planning in California. The state is burning fifty kilometers from a mountain range made of money.
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If elected, I would upzone Palo Alto until it looked like Hong Kong and riddle the place with bullet trains
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The best, most realistic hope for substantial improvements in regional transit and zoning in Silicon Valley is a destructive earthquake. That's what it took to get rid of freeways in San Francisco. Something is deeply broken for that to be the case. Seismicity is not a policy!
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There is a specific pothole that has been on the US-101 since I moved here 13 years ago. It spans three lanes just south of the intersection with I-280. I have named it Elmer.
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For those who have never been to the region, take a look at the sprawl in Mountain View, Palo Alto, San Jose and Cupertino in Google's handy 3D service. Some Facebook cafeteria workers get up at 2 AM to commute into this area from places like Tracy, where they can afford to live.pic.twitter.com/wA46paTE1L
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Replying to @Pinboard
The weirdest thing is that it's not like Bel Air, or Beverley Hills or something stereotypically rich. There's no high fashion stores or fancy fine dining, just mundane orange red strip malls with Panda Express, coupon grocery stores, and discount hair cuts.
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It's like paying $4,000 a month to live in meh midwest suburb, with good weather and more Teslas.
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