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For cancer to survive, once it kills its host it must move on to another healthy body. Forty years of leftist rule ruined the once “Golden State.” You can’t walk through San Francisco without side-stepping human excrement or drive through Los Angeles without navigating countless miles of homeless camps. Meanwhile, California housing costs are unattainable by most everyone.
Now even the enlightened ones can’t cope with the expense and traffic they themselves created so they plan on moving elsewhere. Never learning the lessons of their failures they will, of course, bring along their bankrupt progressive values to rinse and repeat. Watch out Ohio, Michigan, and Pennsylvania — they’re coming.
In recent months, a growing number of tech leaders have been flirting with the idea of leaving Silicon Valley. Some cite the exorbitant cost of living in San Francisco and its suburbs, where even a million-dollar salary can feel middle class. Others complain about local criticism of the tech industry and a left-wing echo chamber that stifles opposing views. And yet others feel that better innovation is happening elsewhere.
In the last three months of 2017, San Francisco lost more residents to outward migration than any other city in the country, according to data from Redfin, the real estate website. A recent survey by Edelman, the public relations firm, found that 49 percent of Bay Area residents, and 58 percent of Bay Area millennials, were considering moving away. And a sharp increase in people moving out of the Bay Area has led to a shortage of moving vans. (According to local news reports, renting a U-Haul for a one-way trip from San Jose to Las Vegas now costs roughly $2,000, compared with just $100 for a truck going the other direction.)
For both investors and rank-and-file workers, one appeal of noncoastal cities is the obvious cost savings. It’s increasingly difficult to justify doling out steep salaries and lavish perks demanded by engineers in the Bay Area, when programmers in other cities can be had for as little as $50,000 a year. (An entry-level engineer at Facebook or Google might command triple or quadruple that amount.)
Venture capitalists, who recognize a bargain when they see one, have already begun scouring the Midwest. Mr. Case and Mr. Vance recently amassed a $150 million fund called “Rise of the Rest.” The fund, which was backed by tech luminaries including Jeff Bezos of Amazon and Eric Schmidt, the former executive chairman of Alphabet, will invest in start-ups throughout the region.
I married into a Pittsburgh family (go Steelers!) and over the past 20-plus years have witnessed the renaissance of a dying steel town becoming a mecca of biomedical research and technology. As any city with a growing academic and legal center, we see the ideological betters and their activist cohorts fully intent on ensuring their blue city invades its red state host and spreads their coastal virus.
The incentive of local economic booms will entice you to welcome the invaders, but don’t ignore what they created and are now running from.