Re:Secondary shops flooded with unicorn sellers
by beatpanda on Saturday February 20, 2016 @12:08AM
(#11138960)
I've only lived in the Bay Area for 6 years and I've watched it change dramatically for the worse. My friends who have been here since the 90s talk about it in biblical, apocalyptic terms. It isn't "just like that". Something fundamental has changed.
Outside the bubble, New York has always been like this, and it's not because of the tech industry.
Like the Bay Area, New York appeals to a lot of people, and with the appeal comes competition for housing. The Bay Area is a desirable place to live -- the weather is always excellent, there's plenty of stuff to do (try finding a mountain to ride your bike up in New York City), etc. People pay it because they like it. I don't think it's because tech is there.