The root of the problem is that much of the tech industry is strangely old-fashioned about doing business face-to-face. This means that places like SF where the density of tech people is well above-average will attract more tech migrants, and the price of housing will rise until the market clears -- with long-time locals priced out by tech companies that pay high salaries.
As long as tech companies are willing to pay the salaries they're paying, unwilling to open up shop outside SF, and refuse to consider allowing long-distance remote employees, the problem will continue.
Source: Please consider all the job openings you're aware of, and try to keep a count of the fraction that would be closed to remote-only candidates.
with long-time locals priced out by tech companies that pay high salaries.
I hope and dearly hope that you also meant to include the Germans, Italians and Irish who constituted the major demographic of the Mission once, when you say "long time locals" and not just the recent Hispanic arrivals.
I am appalled by everyone, from the New York Times [1] to Al Jazeera [2], white-washing the facts to make it seem like what is going on in the Mission and the rest of the city is somehow a Noah's Flood-like grand sweep of gentrification that the city had never seen before.
People were displaced before. At least a casual mention of it by the media, would be nice.
As long as tech companies are willing to pay the salaries they're paying, unwilling to open up shop outside SF, and refuse to consider allowing long-distance remote employees, the problem will continue.
Source: Please consider all the job openings you're aware of, and try to keep a count of the fraction that would be closed to remote-only candidates.
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