Quote:
Originally Posted by TakeFive
I used my own proprietary algorithm. I call her my butt beast.
I'd agree with "1" more than "2." These tech companies typically become chameleons when they leave the Bay Area often using a sharp pencil in analyzing costs. (Seattle is different)
I'd agree with the "urban lifestyle" angle but at some point it's subject to demand/supply, law of diminishing returns, risk/reward analysis. Too much partying can leave a hangover; doesn't mean parties go completely out of style.
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I gather Denver/Boulder is getting some high-value, urban-centered tech too. That's the sort that goes where the top talent wants to be, vs. chasing the cheap deals around the country.
Demand for urban infill isn't infinite, but given how few people already live in that type of area, I'd say there's a vast amount of room to grow. If most big downtowns are 1% of their regional populations, the amount who'd like to live there might be many times that...and the "desire" numbers can grow explosively as things get progressively nicer. Same for any core district where transit, business, and residential mix with enough critical mass. Maybe that's a few more percentage points. But massive numbers of people say they want walkable, mixed-use areas.
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