Quote:
Originally Posted by Pedestrian
Exactly. That's really why I decided to post this. We all read constantly about people and businesses leaving CA for Texas or, recently in the WSJ, New York. But the point of this thread kind of is that even though people and companies are leaving, more are arriving (from other parts of the US and also from places like Europe and Israel) or springing up than are leaving and the tech economy in the Bay Area is still growing.
CA is really a birthing center and incubator of companies and jobs, but once they reach a certain stage some of them do choose to leave for someplace the competition for workers and the cost of doing business or housing those workers is lower. But as that's happening, more businesses are arriving or being founded.
An example of what's happening:
https://www.wsj.com/articles/some-st...=hp_lead_pos10 |
I read someone taking the opinion that the bay area is no longer a place people move to and put down roots, but is establishing itself as the world’s biggest training base or university-like city where people come for a certain number of years and gain experience and reputation and eventually graduate making way for a new incoming class of workers. And that will become the nature of the bay area.