Saturday, June 13, 2015

Silicon Valley Isn't the Only Town in the Game

UPDATE: 03/05/16 This WSJ article says SV is experiencing loss of residents.

It has long seemed ridiculous to me that infotech is so over-concentrated in Silicon Valley - San Francisco. Those areas have gone from outrageously expensive to insanely expensive. Terrible places, even for elite tech workers, to try to afford to raise a family. And lots of drawbacks for employers--high rents, high salaries, job-hopping. I know, I know, there are the crucial benefits of concentration and proximity to venture capital. Still.

So I was heartened by this NPR report, featuring an ex-SVer, saying similar things:
"[Jerry Davis'] advice for young people: Forget the Bay Area.

'You spend a whole lot of your time on freeways. It's expensive, it's annoying. The weather is beautiful, but basically the Bay Area has turned into Los Angeles,' Davis says. 'All the things that people hate about LA are now true of the Bay Area.' "

And the home prices are worse. The median price in Silicon Valley now tops $1 million. In Detroit, it's $38,000.

That's appealing to Aaron Mason, a 36-year-old San Franciscan. "Having a yard, having a garden, starting a family, those kinds of things," says Mason, imagining a possible move to Michigan.
Davis praises Detroit as an alternative. Myself, I like Minneapolis-St. Paul and Bloomington, IN. But most important is for the idea of other locations for infotech innovation to take hold.




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