I think people will always have sour grapes when the tides of the market shift against them.
I know just as many "techies" constantly bemoaning that the housing market is insane in the Bay Area and they can't buy here because of all the NIMBY's and the fact that Prop 13 screws up all the market dynamics that would normally be self-correcting.
Everyone wants someone to blame when things don't go their way. I've largely stopped listening to people who blame "techies" vs. taking a more critical look at underlying dynamics of the market.
Also, everyone wants to blame the techies because it makes it a more expensive area to live, but they don't want to thank them when schools improve, cities get more tax dollars for improvements, etc. as a direct result of the inflated prices and reset property taxes. You can't have your cake and eat it too.
I know just as many "techies" constantly bemoaning that the housing market is insane in the Bay Area and they can't buy here because of all the NIMBY's and the fact that Prop 13 screws up all the market dynamics that would normally be self-correcting.
Everyone wants someone to blame when things don't go their way. I've largely stopped listening to people who blame "techies" vs. taking a more critical look at underlying dynamics of the market.
Also, everyone wants to blame the techies because it makes it a more expensive area to live, but they don't want to thank them when schools improve, cities get more tax dollars for improvements, etc. as a direct result of the inflated prices and reset property taxes. You can't have your cake and eat it too.