Re:Rents in Megacities Can't Go Up Forever
by Retric on Thursday March 23, 2017 @02:48PM
(#13942851)
A huge missing part of this discussion is Tech is not that concentrated in 'The Bay Area' people are. More people live in 'The Bay Area' than Maine, Montana, Delaware, North Dakota, South Dakota, Alaska, Vermont, and Wyoming combined.
The Bay Area plus NYC metro area are 8.5% of the total US population so yes they are a significantly larger chunk of GDP and wealth. But, they are large enough that the differences are smaller than you might think.
The Bay Area plus NYC metro area are 8.5% of the total US population so yes they are a significantly larger chunk of GDP and wealth. But, they are large enough that the differences are smaller than you might think.