Re:Home Values Are Rising by $800 a Day in San Jose
by taurath on Tuesday April 10, 2018 @12:13AM
(#16798938)
The one thing I have never seen yet of any of that large group is a move to the east coast. It’s as foreign as can be though some have spent a bit of time in NYC for work. I think the cultural “west” is still where these people will stay for the time being.
Re:Home Values Are Rising by $800 a Day in San Jose
by eitally on Tuesday April 10, 2018 @01:04AM
(#16799091)
I think it depends how big it must be to consider "large", but there are tons of California ex-pats living in the Raleigh-Durham area, still working in tech/biotech/pharma/engineering, often for CA-based companies. Most of them arrived in NC because of CoL reasons, having sold a family home in CA and paid cash for a much nicer one in RTP... then likely a beach house a few years later.
Re:Home Values Are Rising by $800 a Day in San Jose
by lotsofpulp on Tuesday April 10, 2018 @08:50AM
(#16800938)
If you've experienced life on the west coast, the weather (humidity mainly) on the east coast (and midwest) just doesn't cut it. It doesn't snow enough to have worthwhile skiing, and when it is warm outside, it's uncomfortably humid.
Re:Home Values Are Rising by $800 a Day in San Jose
by maxerickson on Tuesday April 10, 2018 @08:56AM
(#16800978)
There's plenty of snow for skiing in the Midwest. There just aren't any mountains. In Michigan the 'big' places have 500 or 600 feet of vertical, with the modest outlier literally in the middle of Lake Superior, so it takes forever to get there (http://www.mtbohemia.com/ ).
Re:Home Values Are Rising by $800 a Day in San Jose
by lotsofpulp on Tuesday April 10, 2018 @09:01AM
(#16801004)
Yes, I was referring to Northeast about the snow, that have somewhat ski-able "mountains". In general, the quality of outdoor activities is so much greater on the west coast that my friends and I would just fly from NYC for trips than go out locally. Plus you avoid ticks and lyme disease.
Re:Home Values Are Rising by $800 a Day in San Jose
by aaronblohowiak on Tuesday April 10, 2018 @12:35AM
(#16799003)
The northeast is already so expensive, and is GENERALLY richer in euro-centric history and old-money, which makes it less of a draw for adventurers.
Re:Home Values Are Rising by $800 a Day in San Jose
by beckler on Tuesday April 10, 2018 @01:18AM
(#16799141)
Unless you're fully remote, Asheville is a tough scene to break into if you're in the tech field.
Re:Home Values Are Rising by $800 a Day in San Jose
by nostrademons on Tuesday April 10, 2018 @03:49AM
(#16799765)
The folks I know who are thinking of moving there are either not in tech or they're looking to retire and start a second career.
Asheville, NC is coming up after Colorado - I've got one friends-couple that's actively moving there this summer, and a couple others that are thinking seriously about it.
> I wonder what this all will look like when we look back 20 years hence
There was an interesting throwaway comment in Carlota Perez's Technical Revolutions and Financial Capital (written in 2002). She's famous for her observation that each technological revolution tends to lead to a financial crisis that separates the "Installation" phase (governed by financial capital, and marked by successive asset bubbles & widening wealth inequality) from the "Deployment" phase (governed by production capital, and marked by a widespread dissemination of best practices and corresponding productivity gains throughout the economy).
Less famously, the book also mentions that towards the end of the "frenzy" period (the latter half of the Installation phase), you get a phenomena of "two monies". Any prices connected to the new means of production - stock values, salaries, real estate in key cities, etc. - grow exponentially, while the old economy remains stagnant. Eventually, the divide leads to war, with regions that have adopted the new production techniques battling rump states of the old declining empires. That's as far as the book goes, but the historical implication - based on the early 20th century examples of the Ottoman Turks, Czarist Russia, Imperial China & feudal Japan - is that societies that cling to the old ways collapse, and their leadership is exterminated. Those who aren't killed and who are adaptable enough to adopt new techniques find places within the victorious societies, which then start focusing their efforts on spreading the new production techniques widely within the society to equalize social divisions and cement the new order. Think of the GI Bill after WW2, the widespread suburbanization, mass production of the automobile, consumer goods, department stores, the Civil Rights Act, and so on.