Twenty somethings are the exact group of people who don't want to live in a socially dead place. And except for recent college grads even twenty somethings will have significant others who won't want to suddenly move to somewhere else. It's why startups keep being created in SF which has the worst costs out there.
I fully understand wanting to stay in the Bay Area - but there's a big difference in land-value between being situated around Mountain View and San Francisco vs. the east-side of the Bay). What I don't understand is why the east-side of the Bay seems overlooked or even neglected lately (even more-so considering Berkeley's history).
Ha.
A lot of twenty-somethings are not so open-minded. Disparaging nearby neighborhoods as socially dead or otherwise undesirable is practically a pastime for young city folk (especially if they're dating!)
Berkeley is hardly cheap (more expensive than Seattle, for instance)
Lower housings costs, significantly higher salary, much lower taxes, and better weather along with more interesting/nicer outdoorsy stuff makes Seattle probably my #1 choice for where I’d like to live right now.
https://www.geekwire.com/2020/amazon-bring-15000-employees-b...
Which in the Bay is that true of?
For Amazon's reputation for internal cost-cutting (such as displaying the pricing on computer peripherals in vending-machines in their SLU offices), Amazon makes me scratch my head for building-up their HQ in one of the most expensive cities to buy land in the world - ditto Facebook in Menlo Park. Why didn't Amazon choose Kent or Auburn instead - or Facebook building in the north-east of the Bay rather than the hyper-expensive south-west? Given Facebook's propensity to attract and hire young twentysomethings then surely their exact location in the Bay Area is immaterial (similarly, Amazon attracts a lot of ex-MSFT folk from the Seattle Eastside).
It is a mystery.
But that explains the higher-rents!