Ah, but here's the subtle thing: if your firm already has a bias towards Bay Area availability, you get 2 sorts: those who will put their families in a shoebox (or do without families), or the existing set. Prices for both are lower than Pareto-optimality under solidarity.
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Replying to @slightlylate @dakami and
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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Replying to @slightlylate @muni_d1 and
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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Replying to @dakami @slightlylate and
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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I think that last point tries to prove too much -- at least when there are multiple employers willing to pay similar wages.
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Replying to @slightlylate @muni_d1 and
I hear grumbling at VC's, see executives that wouldn't have moved here if they'd known, recognize that all these kids think they're rich while their parents had houses and families but were "middle class" -- And what I see, is a constituency.
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That constituency has a hierarchy of priorities and won't respond to a creeping crisis any better than we are collectively responding to climate change.
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Replying to @slightlylate @muni_d1 and
The other thing that got me thinking was Amazon's HQ2. Because that also is an experiment in this direction, maybe a last gasp before just building a company town. That's clearly an executive driven decision, and is maybe the last gasp of "can existing municipalities help?"
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Replying to @dakami @slightlylate and
I think there's an active response happening, but it's slow and careful (as you'd expect something of this magnitude to be).
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It is not scaled to the problem. See also: climate change.
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Consider what an appropriate response would look like: Google, FB, Apple, and Genentech actively lobbying for transit-positive public policy and putting money toward "public/private partnership" on infra. Instead, we have shuttles.
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Replying to @slightlylate @muni_d1 and
Would you partner with this public?
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As in, your employees?
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