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by carapace
1173 days ago
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It's not. For one thing, rental prices have been going up in a steady trend for over half a century. The tech industry didn't cause the rise in prices per se, the general economic growth of the region did (and does) that: > Today's outrageous prices are exactly in line with the 6.6% trend that began 60 years ago. https://experimental-geography.blogspot.com/2016/05/employme... For another, look at the history of the city, we have been a nut house for ~150 years, since the gold was discovered. We had an Emperor! https://en.wikipedia.org/wiki/Emperor_Norton |
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