[mbillie1]

It is, but that's nothing new. The cops in NYC have been known to give the homeless a McDonalds meal and a bus ticket up the coast.

I'm curious what the prevalence of work-from-home software jobs will do, over time, to the ridiculous swell in cost-of-everything in the bay area though. I realize that, like Manhattan for finance, there's some status associated with being in tech in the bay area, as well as legitimate opportunities. But there are high-paying tech jobs in places where you can live much more comfortably.

[theorique]

Many people want to be where other people are - the center of the action for their particular universe. They vote with their money.

You're right that status is a big part of it. Manhattanites look down on the "bridge and tunnel" crowd.