Even a place like LA or San Diego, Seattle, Portland, Austin, Chicago, etc -- you won't believe the homes, apartments, lofts, flats, condos you can get. Absolutely stunning places, with great activities and schooling.
Agree. What prevents people from moving to those places is the scarcity of jobs out there. There are good jobs in the Midwest, but not enough per unit area to generate the competition (except, perhaps, in Chicago for finance professionals) that you need, as a worker, to get a fair shake.
Venture capital is a feudal, connections-based oligarchy that no one should rely on, while bank loans now require personal liability and are therefore a non-starter for anything that might actually fail. Then, there's the general depletion of capital in the middle classes due to the collapse of unions, healthcare malfeasance, and the escalating costs of housing and tuition. So where are the new companies forming? The only place (or few) where they still can.
The Bay Area isn't some utopia at the vanguard. San Francisco is OK; the Valley is properly horrible. It's, for many people, the only option left in non-financial technology. It's the place least destroyed by the meltdown of corporate capitalism in the US.
Agree. What prevents people from moving to those places is the scarcity of jobs out there. There are good jobs in the Midwest, but not enough per unit area to generate the competition (except, perhaps, in Chicago for finance professionals) that you need, as a worker, to get a fair shake.
Despite the perception on Hacker News that small businesses are the way forward, the data actually support conglomeration and a death of entrepreneurship. See here: http://www.brookings.edu/research/papers/2014/07/aging-ameri... . Also here: http://fivethirtyeight.com/features/the-slow-death-of-americ... .
Venture capital is a feudal, connections-based oligarchy that no one should rely on, while bank loans now require personal liability and are therefore a non-starter for anything that might actually fail. Then, there's the general depletion of capital in the middle classes due to the collapse of unions, healthcare malfeasance, and the escalating costs of housing and tuition. So where are the new companies forming? The only place (or few) where they still can.
The Bay Area isn't some utopia at the vanguard. San Francisco is OK; the Valley is properly horrible. It's, for many people, the only option left in non-financial technology. It's the place least destroyed by the meltdown of corporate capitalism in the US.