Silicon Valley’s Economic Indicator: Caltrain Ridership
blogs.wsj.com
blogs.wsj.com
Other good indicators are traffic on 101 and and Dim Sum wait times on weekends.
Almost as if a competent city planner could see the congestion coming in advance and make changes to prevent it!
For example, currently caltrain consists are 1 locomotive + 5 cars. Locomotives range from 2,500 usable horsepower (after HEP) to 3,600.
The highest horsepower locomotives, the MP36PH-3C's, are pretty much reserved for the baby bullet service. This means that to add an additional car to a train would increase weight on average by 20% - a big addition to a train that has is running flat out at nearly all times.
The problem that caltrain faces is pretty simple: they can't expand capacity without significant investment of capital into additional locomotives and rolling stock.
An unofficial blog about Caltrain and California HSR talks about one solution to the capacity problem and some non-solutions. I personally take it with a grain of salt, but it's still interesting: http://caltrain-hsr.blogspot.com/2013/02/the-virtues-of-widt...
I hear they're trying to move all the stations to grade separated ones though, which should alleviate that.
Also, you'd have to get the public accustomed to "want to get out here, have to be in these cars", which, knowing the public, will take a big information campaign and still end up with people frantically charging through cars and screaming at conductors to open the doors...
There are 4 (edit: looks like 5) unused Metrolink cars sitting in the siding at 4th and King. I don't know why they aren't being used on some of the busier routes.
there is likely a point where the decrease in runs_per_hour is offset by the increase in capacity_per_run.
This assumes that the users will still use the service as long as the time_per_run (how long it takes to get from point A to point B) doesn't increase to a point where users choose to travel by different means.
The result is that people who may have settled in the valley now find themselves commuting to the city. It's much more comfortable to spend that commuting time on the train than in rush-hour traffic!
As someone who rides from the fourth most popular station (Sunnyvale) I find that even if it takes a bit longer on CalTrain to get to work, the fact that I'm not fearing for my life on 101 makes all the difference in the world.
man, when i came 15 years ago here (after living for years in a real city - St. Petersburg Russia), i was staggered that people choose to live in the "backwater villages" like PA, MV, SV, etc... instead of living in a nice vibrant city SF. Well, today i own in a "backwater village" and SF is too young and vibrant for me, and the once in a year or two ride in CalTrain reminds me about my youth and all the time spent in the public transport back then :)
I think the real issue with Silicon Valley's future isn't financial, it's cultural. I believe it is rapidly becoming a second Wall Street: the place where young professionals tough it out for a few years until their bank accounts and resumes are good enough for a more fulfilling job in a cheaper and more preferable location without the cost and the crazy.
The Bay Area is a great place to make money, but is it truly a great place to live? Strip away the nice weather and trendy restaurants, and it's hard not to notice how much of the communitarian counterculture that peaked in the 60s has been, like so much of the world today, eaten by software.
San Francisco is a city defined by successive invasions.
SF now costs about the same money as living in Manhattan. I suppose you might value the "theoretically outdoorsy tech-bro/bro-burner" lifestyle here enough to pay New York City prices for it, but you're definitely getting ripped off in terms of everything else: from food to culture to social life, New York is a dramatically better scene. Like 10x better. It isn't even close. And if you truly value mountains and great weather and whatnot, there are lots of cheaper places to get that.
Somewhat related: the little statistical summary they slipped into the end of the article noted that 60% of the caltrain riders are men, and 50% are single. Hope you like celibacy, young tech dude! Keep livin' the dream!
Proximity to the outdoors are just one reason people like living here (even if they aren't bros or bro-burners whatever that is). The food's endlessly great and people generally seem content with the culture/social life. That doesn't mean Manhattan is bad- it has a lot of great things. Different strokes for different folks. If you feel your SF dollar is worth 10 Manhattan dollars, act accordingly. It's worth noting the software jobs pay less well there, and there's a smaller community which has it's plusses and minuses (like being at a large school vs a small school).
Not all men are into women, and not all single people are celibate. Enjoy the snow :)
The bay area is definitely a world leader in smugness and self-satisfaction. The restaurant selection in SF is perhaps on par with the east village, but more expensive and provincial. It sure is "endlessly great" not to be able to get decent food after 10pm!
Also, you're wrong about salaries.
Whether or not it's valuable to live here depends on a lot of factors. The general advice tends to be of little value- like telling people where to go to college.
There's a lot of smugness here, sure. And SF has no monopoly. In Manhattan, I've met plenty of people that think they're at the center of the universe and the peak of civilization. Some that grew up there and never left and don't understand why anybody should see what else there is.
If you know where to look, you can find decent food after 10PM. Yes stuff closes early, it's true, and it'd be great if you could buy alcohol until 4am like Manhattan.
"Also, you're wrong about salaries."
Any data? Any explanation?
When I lived in London I feel like a I regularly ran into New Yorkers who would roll their eyes at the mere mention of an American city that wasn't New York. Certainly SF has the lock on tech douchebags but NYC is unrivaled in civic arrogance.
One is a world-class city on par with London, Paris or Tokyo. The other is a mid-sized American city with nice weather and small-town infrastructure, and a notoriety that accidentally exceeded its potential in the 1960s. The main reason it's the epicenter of the tech world today is because it's the closest thing to culture that silicon valley gets. And I say that as someone who loves (or used to love) this city. It's simply not worth paying New York prices to live in Nerdistan sur Mer.
If anything is neck and neck with it, I would say it's NYC. To some of the people I knew who came from NYC, that fact almost formed the entirety of their identity.
Fully agree, a lot of software will be entrenched in the Bay for decades to come.
I live in a (practically) zero crime area that has no yuppies and is very cheap. It's nowhere near SFO :)
paying their average developer $250,000/year
Are these really the kinds of salaries you get in SF/SV?http://www.glassdoor.com/Salaries/san-francisco-software-eng...
Which comes back to the social argument: if tech companies proactively migrate these highly paid tech workers to other municipalities, it could significantly reduce the pressure on rent and home prices. The initiative could be sold as a massive goodwill effort to the local community. And, of course, the employees who willingly move away would get rewarded with a much lower cost of living.
Also, it's not like the area isn't benefitting from prosperity through taxes. Why is it a company's responsibility to donate for cleanup projects when their taxes already pay for such things? If there should be more meal programs in a city, the city can vote for that, and fund it through taxes.
EDIT: Apparently I'm being downvoted without comment. Great way to further the dialogue. Well, I will: I live in a college town and when developers promised a decade ago that replacing houses with high rises would lower housing prices, well, they built the apartment blocks and prices still went up across the board, by a lot. I'm not talking out of my ass, here.
That sounds interesting -- can you point me to any documentation about this practice, or are you just brainstorming?
San Francisco's population has been growing at about 900 people per month for the past few years. San Francisco's housing stock has been growing at about 150 units per month. Approving new housing is way too hard, and the economically illiterate voters just throw up even more roadblocks to housing (e.g. Proposition B, passed by 14% of San Francisco's registered voters in a very-low-turnout June 2014 election).
Tall buildings also cost more per unit to build, which needs to come out in the price. But the way I see it, 1 unit of rich person living in a luxury condo is 1 unit of rich person not out-competing a middle-class family for a little house in a boring neighborhood.
The definition of elastic demand is that there is change in demand given a change in price. College students and tech workers, who will pay anything for their place, are examples of demand inelasticity. The demand keeps going up, despite the price.
Though, I suppose you have a point, considering the global market. There are enough houses in the United States for everybody to live. It’s just that more people want to live in the Bay Area than in Detroit, so we’re double- and quadruple-packed here while entire neighborhoods go empty there. And then, skyrocketing house prices attract speculators, who will bid against people who actually belong here and keep the price rising as long as possible.
1. is to keep on going with the dense housing to saturate.
2. a city council that insists on below-market-rate housing be included with the development
3. layer cake development: bottom floor is retail, middle is office, top floors are apartments/hotels + below market rate
This prevents developers from cherry-picking the highest demand usage for their building at the expense of the total needs of the community.
Would this havok occur in a building friendly city, such as Dallas? They have encountered a recent economic boom due to oil, but you don't hear many complaints of rapid price increases.
Those scared that building up will lower their property values need to relax. Population density will bring more value and thus more desire to live in an area raising the property values of locals. A house that sells for 1.5 million right now could be sitting on a piece of land worth 50 million if a high rise wanted to use it.
We also need to defeat Proposition I. A moratorium on new housing permits along with more “studies” is exactly not what we need in this housing crisis.
I haven’t looked at the other propositions enough to have an opinion to relay about those, yet. However, you can be sure that the anti-growth voters will be out in force, and we need to come out and vote for more housing.
Maybe a proposition to allow immigrants to vote in city politics might be good too.
It's almost disgusting walking around ~8th st soma and seeing single story car maintenance places or strip malls take up entire blocks. Tear them down and build rows and rows of 5 story to 20 story apartments.
As for Dallas (err... THE METROPLEX), it isn't a peninsula with restricted growth, crappy highways, and old money refusing anything new that doesn't look like a quaint bombed out city from the old country. I still don't understand why south san francisco looks like a 3rd world country. Eminent domain the whole area and build neotokyo on top of the existing shanty town.
Argh.
Another issue is that there is quite a bit of an income gap within the tech industry itself. Yes, a $100k salary out of college is fantastic, but the cost of living is so ridiculously high that it's almost impossible to buy decent housing here unless you already have old money (which I don't). My parents had an easier time in the 1970s buying a house with their lower salary (adjusted for inflation) than I do now in the Bay Area.
Conversely, many of my hip millenial techie peers are willing to blow their entire salary living in San Francisco, going out to eat every night, driving up their credit cards. I don't have enough fingers on my hands to count the number of folks I know who make six figures and spend 70%+ of their income on rent alone just to be around their friends.
Between the insane rent and child care costs... it's just not worth it. ~$4k/mo for a 2 bedroom and then you're looking at $1k+/mo for one kid in daycare. I've been living in SF for the past five years and despite how much I like it, I'll probably move out with a baby on the way.
I live in the outer sunset and I own my home.
If you look carefully at the graphs, it's actually a lagging indicator.
Which makes the hook, "Wondering if the Silicon Valley’s tech boom is waning?" meaningless.
Right now there's a huge SurveyMonkey building across the street from Palo Alto caltrain, is that the current headquarters?
Palo Alto is a great stop because so many of the bullet and limited trains stop there. Hillsdale in comparison isn't served as well (only half of the bullets have a stop there in the morning).
If they're moving from 50 feet away from a great caltrain stop to "a few blocks from" a good-but-not-great stop, that doesn't support the article's argument very well. I guess as opposed to moving far away from any caltrain stop it's a good point.
- The evening train I take (the 5:14 out of SF) is habitually late; we run into (not literally) the train ahead of us between Palo Alto and Mountain View; that train is habitually late too (it's the cause of the 5:14's problems; we usually hit PA on time, but the train in front of us is still in Mountain View when we should be arriving. i.e., the train ahead is arriving at our arrival time)
- it has definitely gotten worse since I started riding. I recently asked a conductor what the load was: that particular train was 100% oversubscribed: for every butt in a seat, there was another standing. Frankly, the car's AC doesn't seem to be able to keep pace with the summer heat, either. If there's a Giants game … well, it's worse. When the Giants parade happened, the line was out the station, snaked through a ton of stanchions, and then stretched more than a block down the road.
- rarely, I've seen passengers denied boarding due to load; but I see this much more regularly with bikers. I don't know if CalTrain takes this into account in its statistics. (I don't think I've ever seen some of those folks counted, especially outside SF.)
- they got some additional cars, but half-ish of them seem to still be sitting in SF. No idea if they're just not ready yet, or what… (also, the cars feel like a blast from the past when you walk into it, compared to the CalTrain ones. They look the same, but yellower… it's surreal.)
I've wondered if they wouldn't fair better if they had an additional (third) track all the way from SF to SJ. Trains could then pass, which I think might let you add more trains to the system. (Given how we're always stuck behind a train, I feel like the two-tracks are at capacity, train-wise, and you can only add so many cars before you exceed the platform length.) Not sure there's enough room all the way for an additional track, though, so this is probably a crazy idea. I wonder if it wouldn't really help with accidents though. (The first quarter of this year, for example, was hell… it was heartbreaking.)
Also,
> The annual Caltrain passes cost companies either $15,120 or $180 per user—whichever is greater.
Is that $180 figure correct? CalTrain charges my route $2,148 annually for a pass, and I'm not even going the full SF to SJ distance. (Granted, that's the low figure, so you need the ridership to get it… but still! It's a 91% quantity discount, if you get enough people.) (SF to SJ is $2,784 annually.)
Yup, when I still commuted via Caltrain I was pretty jealous of my friends who had this sweet deal: http://www.caltrain.com/Fares/tickettypes/GO_Pass.html
"Caltrain has gone broke and will likely need to wipe out half its service — including weekend, nighttime and midday trains."
When I first took the Caltrain I was worried I was accidentally boarding a long distance service that would run for hours because it was so huge and heavy, instead of a local stopping service.
How much energy does it take to get those things moving again at each stop?
https://bikeeastbay.org/rail/fra.html
https://nextcity.org/daily/entry/modern-european-train-desig...
San Mateo County bought the right of way and formed a 3 county partnership.
Unfortunately, there is no dedicated funding source for Caltrain. So it is entirely at the mercy of the fortunes of Santa Clara VTA, San Francisco Muni and Samtrans. Each one of those agencies have as their first priority local service busses, light rail, and BART.
Caltrain gets the scraps (especially from VTA ) which rather spend Billions on BART instead of a penny on Caltrain.
For what, exactly, are we giving California 10% of our income?
Admittedly, Caltrain's power is dated. All those EMD F40PH units are a 1975 base design, built around 1985. It's a widely used, boring, reliable locomotive.
There's a plan to electrify Caltrain (25KV, 60Hz AC), but it has to mesh with both the high speed rail scheme and the Transbay Terminal scheme, which complicates it enormously. (There's heavy poltical pressure in SF from real estate interests to have the train station close to "downtown", or rather where "downtown" used to be. The Transbay Terminal is being built with the platform spaces for a rail station underneath, but without the tunnels to connect it to the tracks at 4th St. All that is in fill, below sea level, in an earthquake zone.)
Meanwhile construction has started on California's high speed rail system. Unfortunately, it only runs from Bakersfield to Palmdale, which is useless.
[1] http://www.njtransit.com/sf/sf_servlet.srv?hdnPageAction=Tra...
Correction 1: Bakersfield to Fresno
Correction 2: This is the opposite of useless because:
1. Bakersfield is ~340,000 people ; Fresno is ~509,924 people + the other cities between call it about a million now have much better rail service.
2. CAHSR needs a flat straight section to do acceptance testing for train set delivery.
3. The federal stimulus money required a fast spending this section was furthest along in planning and the least controversialSo you can get better service than what you have today. Caltrain has no dedicated funding source and relies (too much) on handouts from Santa Clara, San Mateo, and San Francisco.
As a result, is is always short of money to really ramp up the service.
Hopefully high-speed rail money will change this.
http://www.caltrain.com/projectsplans/CaltrainModernization/...
Current completion date is estimated at 2020, but it keeps slipping...