Well well well…..
The tech crunch is experiencing an interesting turn of events. Start-ups are now moving their customer support and other services out of the Bay Area because the costs are simply too damn high.
Not the higher end positions too much, but you know that’s next.
The only thing I wonder about is what happens when tech companies stop expanding in the Bay Area and folks flock elsewhere. Will the rents drop? Will the jobs lost be made up elsewhere? Will SF end up looking like a ghost town because the cool kids moved on to hipper, cheaper surroundings?
We’ll soon find out!
Luxurylatte's Block 