Would you move to a NEW city? One that doesn't yet exist.
In the Bay Area, if you're making 200k you'd be spending roughly 30-50% of your post tax money on housing. For the exorbitant money we do spend, we don't get to live in mansions or villas, we're stuck with bare necessities - far from luxurious living. Commutes in most big cities have become unbearable - the average commute in the Bay is 1.5 hours. TC only goes so far in addressing our needs, if we didn't have to depend on such high salaries for insane cost of living, we would be free to pursue jobs based on quality and not just TC. I can't see a reason why anyone would pursue a profession that doesn't pay more than 100k and yet most jobs vital for society don't pay more than that. When Amazon decided to move to NYC and employ 25K people, it was offered a 1.5B tax credit to do so. What if 25k tech workers decided to move to create a new city. What if we could crowdsource a city, would you be willing to move? I've also created this petition, http://chng.it/nwGRrQYk . Please sign it and share if you think it's a worthy idea.
i'm so glad amazon in nyc did not push through
Yah but is it all theoretical right?
It is until it's not. We have people working on going to Mars and nuclear fusion, I refuse to believe that we can't build a couple of buildings.
New city? You mean like Rajneeshpuram? 🤔
Wouldn’t cost just go up there. Anytime you have the avg salary at >100k in a concentrated area prices will rise The real win would be to work remote so you can live in lcol
Prices will rise, eventually. Prices rise as a function of land availability. Most cities have grown outward too fast, we can blame single family home and archaic land use regulations for that. If a city were to build up instead of out it would take some time for prices to catch up. I suggested starting with tech people since they tend to be early adopters. Remote would make sense too, but I don't see most companies making that move anytime soon.
Why do people live in the bay and commute to SV when Palo Alto is so much closer?
Good luck attracting talent to the middle of nowhere. Even if you succeed, you're going to have a city of just tech employees. That's not a sustainable city.
Isn't that kind of what San Francisco has become. It would just be a tech city to start, after that it would be for anyone interested in moving.
A city must grow organically for decades to attract people. It’s a complex system and it needs all kinds of people there to function. Even with tremendous investment from authoritarian government like China, they still fail to pull it off. I don’t think there can be such project in the US. That being said, I do think we need a new city that is designed with future in mind. For example, there can be infrastructure specially designed for self driving cars/delivery vehicles. The self driving technology doesn’t need to deal with unnecessary uncertainties there, it will be a breeze to make it work.
China didn't succeed in populating a few cities in their remote western regions, but most cities in China didn't exist a couple of decades ago. A future city would be great, but for now I really just care about livability. I would take a dishwasher and walking to work over driverless cars and moving buildings. If you're not aware, Google's sidewalk labs is working on something like this in Toronto. You're right we don't live in a country where governments will take action like this, but there is nothing stopping us from doing it ourselves.
Good to know about Google Sidewalk Labs. We need these projects in the US. The driving force is money though. Unless FAANG decide to open new HQs in your city, or the jobs become mostly remote at some point, people won’t go. There are a lot of places with much better quality of life than the Bay and NYC, but look at where the work force is. I don’t see how a bottom up approach would work here, there needs to be enormous top investment+smart overall planning+cooperation from all levels of people. China actually showed how things like this work organically. Look at Shenzhen, it became the 3rd richest city in China from a small fishing village in 30 years. That’s the power of good economic policy and money, that’s the power of greed, or more positively put - the right to pursue happiness
We can't beat the enemy. Join the enemy
What goddamn strain of weed are you Bay Area folks getting? Are we back to lacing weed with embalming fluid? Or wut?
wut
My thoughts exactly