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No one wants to "throw this out there" but I will. SV has been overpriced for decades and it is only the importation of CHEAP h1b labor that has allowed the gr
by svhoapres 11y ago
No one wants to "throw this out there" but I will.
SV has been overpriced for decades and it is only the importation of CHEAP h1b labor that has allowed the growth to continue.
You know something is a miss when you build ever and ever more future slums being 4+ story apartment buildings resulting in h1bs stuffed 12+ into an apartment paying $3K+ or even more for a 1BR apartment.
Americans won't live like that. Or so I hope.
If you didn't have h1bs then the jobs most likely would have gone to cheaper parts of the country as the wage costs would have started to rise to levels such that the products couldn't be developed here.
Works for me.
We have (or had) a choice of allowing IT to be offshored "like everything else" or wreck Silicon Valley making it into a (future) slum.
We made the wrong choice.