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  4. Seattle, in Midst of Tech Boom, Tries to Keep Its Soul

Seattle, in Midst of Tech Boom, Tries to Keep Its Soul

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  • K Offline
    K Offline
    Kevin Priddle
    wrote on last edited by
    #1

    The New York Times[^]:

    For years, business leaders here have closely studied the San Francisco region, seeking to emulate the way it churns out so many leading technology companies. In large measure, those efforts worked. But now, leaders in Seattle are looking to the Bay Area as a different sort of model: a cautionary tale.

    I'm sure the good people of Seattle will figure out a soulution.

    N 1 Reply Last reply
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    • K Kevin Priddle

      The New York Times[^]:

      For years, business leaders here have closely studied the San Francisco region, seeking to emulate the way it churns out so many leading technology companies. In large measure, those efforts worked. But now, leaders in Seattle are looking to the Bay Area as a different sort of model: a cautionary tale.

      I'm sure the good people of Seattle will figure out a soulution.

      N Offline
      N Offline
      newton saber
      wrote on last edited by
      #2

      NYT wrote:

      “It’s not that we don’t want to be a thriving tech center — we do,” Mr. Durning said. “It’s that the San Francisco and Silicon Valley communities have gotten themselves into a trap where preservationists and local politics have basically guaranteed buying a house will cost at least $1 million. Already in Seattle, it costs half-a-million, so we’re well on our way.”

      Ugh! Those devs in San Francisco are making a fortune. Too bad they still can't afford to live there.

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