Comment by terminalshort

>"compete for housing" being the most ridiculous concept I have ever heard of

How can I have a productive discussion with someone who doesn't know or refuses to acknowledge the reality of housing supply/demand and resulting gentrification?

Gee, if only there was a city in the world that's a big tech hub and we could study the effects on its housing market and citizen who don't work in tech and how they're impacted.

>is one of t many reasons why SV is in the US and not in Europe

I've been to SF and I'm not sure I want the issues I saw there over here.

And to correct you, SV is what it is due to the WW2 and cold war military electronics industry rooted in government spending brewing there instead of being bombed to the ground like Europe, plus the financial engineering leavers of the US FED being able to print virtually gold and use that virtual gold to buy everything they ever need to win including foreign competitors and suppliers while offloading the resulting inflation burden onto the rest of the world, or use trade restrictions and military force as the second option to block any potential rising competitors that threaten the existing hegemony.

SV is in the US because of heavy government spending to further national interests. And US intelligence community was one of the first to realize that total domination of home computers / smartphones / social media allows them to exert a lot of power.

SV took workers from all over the world because these workers were extremely skilled and cheap. They didn't compete with Americans for jobs because there were simply not enough Americans with the needed skills.

Foreign tech workers need housing but they don't own land and can't vote in your elections, so the fact housing is bad is 100% on US citizens.