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by packetlost
1164 days ago
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I go back and forth around whether these dense communities of industry are bad or not. It certainly creates bubbles and echo chambers, but there's also a lot of real innovation that happens because there's a rich ecosystem of skilled people to hire to build things. This is coming from someone who has never lived in SF. |
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$3m dollar homes, extremely high office rents, wasted energy and time on commuting, higher comp expenses, smaller hiring pool. Even if centralization/in-person is more efficient, likely not efficient to enough to overcome these economics.
The businesses that learn how to maneuver in a decentralized/online first manner have huge starting advantages over those that don't. Though, we will see in time.
It's possible the centralization gap will be much smaller in cities that choose to meet demand for housing/office/amenities.