Re:What Happens When Housing Prices Go Down?
by s1artibartfast on Monday July 21, 2025 @11:17AM
(#44636197)
Yep, and these changes take place for reasons. For example, California and the Bay area have had 40 years of opportunity to make it easier to build, and ample people willing to pay.
There's an alternative world where SF and San Jose look like Singapore or Hong Kong, and policy is one of the big differences
Companies want top talent for their workforce. They naturally will set up shop where they have easiest access to this talent (hence why you get industry hubs in different locales). The companies move to the spots for workers, and the works move to those spots for the jobs.