And Boston was still losing population into the 90s. The last major "tech" employer of the era in the city, Teradyne, finally moved out entirely in the 2000s.
My grad school cohort in the late 80s, many of whom worked for Boston area computer companies or in finance, basically none of them actually lived in the city.
Which plays into a lot of the noise about city housing prices. Basically, the urge among young wealthy urban professionals to live in cities is mostly quite recent.
Cities were not very desirable back then.