It’s not just about building more housing. It’s also that California’s entire property and land use system incentivizes owners to hold, so fewer and fewer homes trade every single year.https://twitter.com/thebasispoint/status/1003325808528773120 …
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It’s not that Google won’t open an office in the rural Midwest per se. it’s more that workers there can’t count on Google being their employer for 30+ years with a pension so it doesn’t make sense for them to move to a location with a thin employment market should their job fail.
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I am pretty sure folks aren’t thinking that way. Now that I think about it, I’ve never heard anyone express things that way. People think in the immediate: do I have a job, are there features (culture) I want, are schools good, etc.
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