I know absurdly rich people with children who moved out of the city, even when they could afford an $8mm house suitable for a family, because of the schools, too. (and weather, but mainly schools); the mortgage differential between SF and a place like Hillsborough or Palo Alto, combined with $30-50k/yr per child for 14 years or so of schools (to go to private schools in SF, vs. good public schools), is a lot of money.
You'll end up with the homeless, the super wealthy, and maybe the $70-200k/yr earning singles or (young) couples without kids. Tech seems to mostly hire from that third group.
You'll end up with the homeless, the super wealthy, and maybe the $70-200k/yr earning singles or (young) couples without kids. Tech seems to mostly hire from that third group.