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Recent arrivals pay the lion’s share of property taxes thanks to Prop 13. Income tax on tech wages and stocks gave California its budget surplus in recent years. Political advocacy is a bit more limited, but you have to keep in mind that tech is heavily foreign born. I’m the only one of my work friends who can vote.

New arrivals to a city, no matter their socioeconomic status, in the aggregate, have less influence than folks who are long established in the city. It's a human thing.

> what have they done?

This should be easy to answer once the city starts cutting its budget.

They made it easier/more profitable to develop land by driving prices up

Not in the places they left.