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by MR4D 1838 days ago
Unless a huge earthquake hits it, the Bay area will always be worth more than central Kansas.

At a minimum, there is one simple reason for this - the amount of infrastructure investment over the years (power, sewer, roads, etc), of which there is basically none in central Kansas, but loads of in the bay area.

2 comments

It has nothing do with physical infrastructure and everything to do with social infrastructure - the people and organizations that are located there.

And the weather.

The value of the land at Burning Man is much lower than the Bay Area, even though it has many of the same people.

I think the infrastructure is pretty important. Disregarding it entirely seems a bit much. Even a bad neighborhood in Philly has more value per square foot than farmland in Kansas.

> The value of the land at Burning Man is much lower than the Bay Area, even though it has many of the same people.

You're proving GP's point. People from the Bay Area go to a desolate desert in the dead of summer because of the social aspects of Burning Man - the land is worthless because its a desert, owned by the Federal government, and they only stay a week out of the year. They bring the infrastructure with them, from stadium audio equipment to porta-poties to wireless equipment.

Plus beaches, mountains, culture. (I do like Kansas people better than my neighbors though?)
Or Kansans, as we call them in the business