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So why can’t FAANG build offices in Detroit? In the Bay Area the lack of affordability comes from concentration of high paying jobs in a small area. They have the economic clout to push the area to build more, or expand in another part of the country.

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Because relocating a trillion dollar business cluster to make some curmondgely homeowners happy is moronic

Amazon just did it. Everyone doesn’t need to pack up and move.

Those homeowners seem to have a majority in the area. Seems moronic to run a trillion dollar company at odds with the local government.

NYC has an income tax. I bet SF will have one within 5 years.

Actually no, the lack of affordability is 100% due to political decisionmaking that for the past 30+ years has failed to generate enough housing to match population growth. No supply + extreme demand -> massive increase in prices.

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