> It makes me wonder that as the young rockstars and H1B recipients age, where will they go? They certainly can't afford to buy a house. I imagine as time goes on, companies in the Bay Area will be awash with young junior talent but will struggle to attract more senior folks.
They leave for more affordable cities or head back home to be close to family when they decide to have kids.
EDIT: May I offer up Tampa as a yet-to-get-expensive locale? I'm making SFBA wages in security, but bought a 4 bed 2.5 bath house with a pool on a quarter acre lot twenty minutes from my company's office for ~$200k (and I have fiber to the home for $45/month).
The highest rated beach in the country is in Clearwater, ~30-45 minutes away, we have an amazing craft beer scene, lots of parks, beach/water recreation, very nice international airport (30 min away, $5/day (!!!) for parking), etc.
They leave for more affordable cities or head back home to be close to family when they decide to have kids.
EDIT: May I offer up Tampa as a yet-to-get-expensive locale? I'm making SFBA wages in security, but bought a 4 bed 2.5 bath house with a pool on a quarter acre lot twenty minutes from my company's office for ~$200k (and I have fiber to the home for $45/month).
The highest rated beach in the country is in Clearwater, ~30-45 minutes away, we have an amazing craft beer scene, lots of parks, beach/water recreation, very nice international airport (30 min away, $5/day (!!!) for parking), etc.