Hacker News new | ask | show | jobs
by jxramos 1217 days ago
I was contemplating something in this direction once. That this concentration in the bay area could very well be driven by the tastes and desires of the CEOs and other execs who are pleased to live in the comfy parts of the bay area regardless of the outcomes of their employees and how much blood is squeezed out of them by the high cost of living and time sunk on commutes.

I think it was Elon Musk who made me ponder this. Somewhere he blasted the notion that most of the Silicon Valley venture capital gets blown on housing costs. That made me ponder what other alternatives could be found and what other productive uses that money could have been spent on. It's a fascinating train of thought with big directions it could go. That's an interesting idea about encouraging the subsidization of a town, I'd like to see that experiment tried if it hasn't yet.