Sam Altman: Bay Area is no longer the obvious place for startups

Re:Sam Altman: Bay Area is no longer the obvious place for s... by Johnny555 on Saturday February 23, 2019 @02:35AM (#19232230)

I'd take that with a big grain of salt, I spent over a decade of my 20 years living in SF looking elsewhere to move to since I couldn't afford the real estate. So I'd be counted as one of the ones that want to leave, but I never left until finally I moved down the Peninsula.

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Re:Sam Altman: Bay Area is no longer the obvious place for s... by temp1928384 on Saturday February 23, 2019 @12:59PM (#19234549)

I'm confused by your logic. Isn't the median home price in the Peninsula a multiple of the median home price in SF or OAK?

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Re:Sam Altman: Bay Area is no longer the obvious place for s... by Johnny555 on Saturday February 23, 2019 @02:13PM (#19234977)

I don't keep up with the home price trends, but I bought a 2 bedroom condo on the peninsula within walking distance of Caltrain for less than any one bedroom I could find in SF.

Median price doesn't matter as much as the point-in-time price for what the homebuyer is looking for. A 3 bedroom house in Palo Alto can distort the price curve when all you want is a small condo in Burlingame.

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Re:Sam Altman: Bay Area is no longer the obvious place for s... by diogenescynic on Saturday February 23, 2019 @08:58AM (#19233325)

I wouldnt, I’m just surprised it’s not higher. Most of my friends hit 30-32 then move out to Marin, Walnut Creek or San Mateo. Once you get to the age where you’re married and thinking about kids, you want out of SF.

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