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A comment on Mortgage Market Reopens to Risky Borrowers. Parent comment

Re:Mortgage Market Reopens to Risky Borrowers by rconti on Wednesday August 21, 2019 @04:47PM (#20761623)
Aren't these all regions that were destinations for SV "flight" 15 years ago as well?" I'm not saying the scale isn't different, but these statements could have been uttered awhile ago.
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Re:Mortgage Market Reopens to Risky Borrowers by opportune on Wednesday August 21, 2019 @05:13PM (#20761896)
Sure, somewhat, and it's accelerating now.

What were the locations of small, nascent local software industries perhaps bootstrapped by some ancient incumbents are now becoming real hubs. The cycle will continue as the cities with small/no local software industries grow and those in turn become hubs. What's clear is that the more stable, hyper-profitable software companies are not expanding as much in the bay area as they used to

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