Might a little corporate flight from San Francisco actually be a good thing for housing prices and traffic in the region?pic.twitter.com/DYacujuuSp
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California schools had better funding in the mid-20th century, long before Silicon Valley was a thing. College was free. Reform Prop 13, tax oil extraction like every other state does, and we won't need to be so reliant on income taxes from a single industry.
That said, there are non-financial reasons to keep tech in the Bay Area - many progressive cultural values and policies spread faster over the internet as a result, but in either case it's wrong to ask Bay Area renters to bear most of the costs of bad land use policy.
Yes, let's ensure the land use policy doesn't favor the homeowners. That's basically the problem of NIMBYism and local control.
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