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A comment on Rents in Megacities Can't Go Up Forever. Parent comment

Re:Rents in Megacities Can't Go Up Forever by jethro_tell on Thursday March 23, 2017 @01:40PM (#13942052)
It should be noted that the vast majority of the IT industry isn't startups. Lots of the drive of rent is not funded by VCs.
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Re:Rents in Megacities Can't Go Up Forever by Mtinie on Thursday March 23, 2017 @04:01PM (#13943674)
I'd argue that what you're identifying as those businesses in the majority were at one time, startups themselves. Without the previous generation of concentrated wealth those businesses would not be in the position they are.

I do, however, also agree with your counter-point to the previous comment.

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Re:Rents in Megacities Can't Go Up Forever by aplomb on Friday March 24, 2017 @12:58AM (#13946714)
Prices are driven on the margins - that is the last transaction
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