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Economy The Miraculous Transformation of the San Francisco Bay Area

HomeCheese

Silver Belt
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It really is amazing how far San Francisco has come in my lifetime. When I was a kid SF was definitely a second of third tear city economically. Chicago, LA, Boston, Dallas and Houston were all seen as more significant economically.

In a very short time the Bay Area has turned into a world driving economic center piece, a hub. The Bay Area economy alone is greater than all but a few US states. The area continues to be a hub of innovation. There are more billionaires living in the Bay Area than anywhere except Hong Kong and NYNY.

I am certain this raise was driven by the large number of outstanding universities in the state both public and private. The public university system in the state is the best in the world. system in the state

I’d also suggest that the area benefits from the diversity, it’s gotta be as or more diverse than any place in the US. I believe this helps spur innovation, it certainly isn’t holding the region back in any way.

So some states hope to improve their economy by cutting environmental restrictions, a well run state invests in education and their people.
 
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It really is amazing how far San Francisco has come in my lifetime. When I was a kid SF was definitely a second of third tear city economically. Chicago, LA, Boston, Dallas and Houston were all seen as more significant economically.

In a very short time the Bay Area has turned into a world driving economic center piece, a hub. The Bay Area economy alone is greater than all but a few US states. The area continues to be a hub of innovation. There are more billionaires living in the Bay Area than anywhere except Hong Kong and NYNY.

I am certain this raise was driven by the large number of outstanding universities in the state both public and private. The public university system in the state is the best in the world. system in the state

I’d also suggest that the area benefits from the diversity, it’s gotta be as or more diverse than any place in the US. I believe this helps spur innovation, it certainly isn’t holding the region back in any way.

So some states hope to improve their economy by cutting environmental restrictions, a well run state invests in education and their people.

San Fran is wild

I know people making 200k with masters degrees that need room mates

Its no surprise people are moving out of CA

Normal earning people cant llive there anymore
 
Tech is the outcome of being about the closest you can be to tech partners across the ocean, having a ton of choices for high level schools, and weather people actually don't mind living in.
Yeah it wasn’t a bad thing that some of the biggest companies all set up shop there next to the universities as well
 
Yeah it wasn’t a bad thing that some of the biggest companies all set up shop there next to the universities as well
Being next to one of the largest ports of entry into the US with the Oakland Shipyard probably helped that as well. It's actually an interesting story how that particular facility shaped the area.
 
It'd be a great place to live if it had an authoritarian government that cracked down on crime and homelessness.
Homeless come from all over the country because they know the community has money and is soft.
 
Being next to one of the largest ports of entry into the US with the Oakland Shipyard probably helped that as well. It's actually an interesting story how that particular facility shaped the area.
I used to work for the Port of Oakland, it's a good outfit as far as special authorities go.
 
You think that liberal policies were what made tech companies successful?
You said yourself good universities helped. California has the best university system in the world. How is this not a victory for liberal education policy?
 
cousin lives there, we visit often over the past 20 years. The places we have been were all clean and just normal big city stuff. I never really understood the flak SF got when it has a lot of cool places to visit and things to do.
 
cousin lives there, we visit often over the past 20 years. The places we have been were all clean and just normal big city stuff. I never really understood the flak SF got when it has a lot of cool places to visit and things to do.
I used to work downtown in the 90's and early 2,000's and I have gone back and visited often. Spent some time there in the fall and it wasn't bad at all downtown. I walked about a mile and a half of Market Street at about 10pm and it was no problem.

I will say the financial district is so much quieter than when I was there. This work from home thing has had a huge impact. I saw a postman emptying a corner mailbox at the end of the day and the was one letter in it.
 
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