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Austin is a huge tech town, and rapidly growing. I get a lot of recruiter emails to go there. Same with KC, but to a lessor extent.

I was just in Montreal - the difference in prices with the US was staggering. You forget how wealthy we are, sometimes, even compared to the rest of the developed world. (Had an incredible French meal with 2 bottles of wine over 3 hours and it came out to ~$90 a head American)

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I don't think you're disagreeing? There will be reasons to have some local tech workers and entrepreneurs in all large cities, including Austin, Dallas, Toronto, and Montreal. But there will also be global nexuses of them in places like SV, and the higher wages in SV vs. Dallas/Toronto reflects the value of the nexuses (and is the economic mechanisms that induces workers to move there).

I'm not clear what you're saying here, possibly because I don't often have 3 hour French meals. $90 sounds neither outlandishly expensive for a fine meal, nor cheap.

It's very cheap

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