Those who badly want NorCal to remain a bedroom community when it should be a metropolis should be banned from city planning decision making. That, or companies should vote with their head count and expand elsewhere. Break the cycle or US will 100% lose global tech dominance.
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It's basically feudalism.
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It's far more than that. You cannot discount or ignore the price impact of demand. Tech companies drove the demand and in hindsight are now realizing they caused this problem. 1979 to 2015 — Average rent in San Franciscopic.twitter.com/TXAAUuoMSF
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