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Re:Silicon Valley homes now out of reach even for big spenders by rat_1234 on Friday December 15, 2017 @04:23PM (#15935279)
The share of the wealth creation in Silicon Valley that has been captured by property owners is outrageous.
Re:Silicon Valley homes now out of reach even for big spenders by anubisresources on Friday December 15, 2017 @04:30PM (#15935339)
How much of the gains from the computing revolution have been captured by a few thousand Bay Area Landlord’s?
Re:Silicon Valley homes now out of reach even for big spenders by harryh on Friday December 15, 2017 @04:36PM (#15935380)
I think the vast majority of the gains from the computing revolution have been captured in consumer surplus. Billions of people get to use all kinds of online software for free. Certainly hard to estimate but this is likely worth trillions alone?
Re:Silicon Valley homes now out of reach even for big spenders by iansimon on Friday December 15, 2017 @04:55PM (#15935553)
You still have to pay to access the Internet. Comcast/AT&T aren't free.
Re:Silicon Valley homes now out of reach even for big spenders by goialoq on Friday December 15, 2017 @05:04PM (#15935622)
It's still cheap as free compared to the cost of accessing the same information/media pre-Internet.

Google used to brag about how using Google was more energy-efficient than going to the local library.

Re:Silicon Valley homes now out of reach even for big spenders by SapphireSun on Friday December 15, 2017 @04:43PM (#15935449)
You can probably measure some of that in terms of how people would have done these tasks previously. Some of those tasks are trivial, like keeping a paper calendar instead of a digital one.

You can also interpret it in terms of jobs eliminated.

Re:Silicon Valley homes now out of reach even for big spenders by SapphireSun on Friday December 15, 2017 @04:42PM (#15935430)
Re:Silicon Valley homes now out of reach even for big spenders by jimbokun on Friday December 15, 2017 @05:07PM (#15935640)
God, 21st century America is a Dickensian Hellscape.
Re:Silicon Valley homes now out of reach even for big spenders by drdeadringer on Friday December 15, 2017 @05:01PM (#15935598)
That interface is horrible. Forced animation, images, and graphics no matter how I scroll down to get to the actual text? Get Out.
Re:Silicon Valley homes now out of reach even for big spenders by junkscience2017 on Friday December 15, 2017 @04:38PM (#15935395)
Disagree. Maybe one day all of these homes will be owned by a giant corporation, but for now, they are typically owned by individuals. Not everyone who has benefited is a robber baron.
Re:Silicon Valley homes now out of reach even for big spenders by icebraining on Friday December 15, 2017 @04:49PM (#15935505)
You're rebutting a point nobody made.
Re:Silicon Valley homes now out of reach even for big spenders by goialoq on Friday December 15, 2017 @05:05PM (#15935624)
Corporations are owned by individuals.