Yeah, OK. It’s easier for them to price everyone out and work around the margins. I don’t see Facebook campuses in Sacramento or Lincoln NE. I see displacement of anyone not in tech from the Bay Area first.
And in an area and discipline that can't talk frankly about inequality, the patina of meritocracy and rational choice creates structurally bad outcomes for all.
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The whole weirdness of the non-company town is an assumption that if only the company would get out of the way, the municipality would come together to do things fairly. What *actually* happens is the existing homeowners conspire against the future ones.
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To say nothing about the renters. And *eventually* the population of future homeowners and renters *is* the workforce for companies. Even their executives. Who will thus, inexorably, either take political power -- or leave.
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Slightly mystified by this comment. I see almost nothing but commentary on inequalities and disparities from some of the most widely read newspapers in the area. "Talk" never means just "talk" when it is used in this context. Building is better than redistributing.
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