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While I agree with the overall sentiment (strongly!) I would posit: The effectiveness of a single hacker (better+cheaper tooling, open source) has scaled much faster than the price of SF rents. You can only afford 2 devs instead of 5 now, but they can get 10x more done
The cost to hire/keep the 10x dev was never constrained by low-end/median housing prices.
...ah, I think that was a misreading. I'm not sure I find the argument very compelling, though — I don't think creativity scales quite as well as productivity with better tools, and insofar as we've built taller ladders we've also grabbed more of the low-hanging fruit.
Yes, that’s fair enough. Although I can also see the other side of the coin where an entire project is brought to life via the creativity of just one brilliant person. Now that creative person needs a lot less help with the busywork.
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