That's not really going to fix it, I don't think. Quite a lot of people go to the Valley because they want to live, in the Valley. Until the days of Remote Coffeeshop'ing and Remote Dive Bar'ing, it's still going to be a highly desirable place to live with rents to match.
Right, and like Manhattan and Hawaii, there are more than enough people with lots of money interested in that kind of lifestyle, to jack the prices up like crazy.
It's ironic to hear the ones who just made that same lifestyle decision complaining about the high prices. If you just moved to SF for the city life in spite of the rents when you could have worked in Texas, you're kind of part of the problem.
(And then everybody else fusses about how it isn't fair they can't afford a flat on Wall Street or a 2br house on the beach in Kauai)
I grew up in SV, and there definitely is a generational divide though. Most of us (including my parents) moved to SV at some point in our lives, the only difference being whether this was in the 1970's or the 2010's.
The price of a house in SV has quadrupled (or more) in the last 25 years. Wages have increased,but not nearly as much. Newcomers have it disproportionately harder than the longtimers here.
