[nugget]

When Amazon and Microsoft go through the next inevitable downturn and housing prices take a hit then all of these investors will learn a painful lesson. I know a lot of young software developers who have moved to Seattle for job opportunities but not many of them want to stay long-term and are happy to explore jobs elsewhere. The there attitude seems very distinct from the Bay Area where people would love to stay - and tend to hang on as long as possible before grudgingly realizing they should move away.