>The Economist reports that a median-priced home in the San Francisco Bay Area costs $940,000--more than four times the national average. Forty-six percent of Bay Area residents plan to leave "in the next few years."
>Ironically, tools created in Silicon Valley (such as Slack) have made it easier for people to work remotely and for companies to start up outside urban areas where the cost of living is significantly lower. According to PitchBook, less expensive alternative cities like Seattle and San Diego feature venture capitalist investments of over a $1 billion a year. There is also a bit of backlash, led by Peter Thiel and other technology luminaries who view Silicon Valley as too political.
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