More than half of Silicon Valley residents want to leave: The mood is darkening

Re:More than half of Silicon Valley residents want to leave:... by jdminhbg on Thursday October 06, 2022 @04:23PM (#33113571)

> Also, being Sillicon Valley one of the most productive places on earth, why companies don't involve themselves in politics about housing and city planning?

Occasionally they do but the main power bloc in rich urban/suburban California is homeowners whose property taxes have been essentially frozen at low rates as their home values have skyrocketed. Anything the companies would do politically to help solve the issue immediately runs up against older voters who are well-organized and have nothing but time on their hands and huge amounts of equity in their homes.

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Re:More than half of Silicon Valley residents want to leave:... by spaniard89277 on Thursday October 06, 2022 @04:27PM (#33113634)

This companies can burn cash like crazy. If they hire some smart consultants they can build a situation where the narrative would be current homeowners VS everyone else.

I don't have much experience but even I can do. I don't think the US is short of this people nor this companies short of cash to burn.

And they would do something good for once.

Edit: I remember watching documentaries about SV engineers living in vans ffs. I could get my life almost settled with a couple of years of such salaries.

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Re:More than half of Silicon Valley residents want to leave:... by jdminhbg on Thursday October 06, 2022 @05:46PM (#33114506)

Burning cash is not enough, and in many cases is counterproductive -- the takeaway is "Big Tech is trying to buy their way into our communities."

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Re:More than half of Silicon Valley residents want to leave:... by Doctor_Fegg on Thursday October 06, 2022 @04:33PM (#33113710)

To be fair, that also explains almost the whole of Britain.

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