[quote=briansd1][quote=flu][quote=Nor-LA-SD-GUY2]Sorry, Cities do not scale well for big companies and growth companies.
Cisco needs I think 20 big buildings in San Jose.
There was a large medical testing Lab (forget the name at the moment) that moved out of Santa Monica to Valencia just because of that reason, they needed to scale.
There was a reason most these companies move to the burbs in the first place you know.
Maybe a show case satellite office, but not the 20 to 50 thousand engineers someone like cisco needs.[/quote]
Well, not anymore 🙁
Probably need closer to 10 big buildings. But I get your point.[/quote]
Interesting that you should mention San Jose.
That’s a move to the city type demographic trend with more density. People in SJ have choice of living in the city and may do and commute to SJ.
Plus SJ is becoming a city of its own.
It’s not like they are locating in Lincoln Nebraska.
There’s a definite trend to the big metropolitan areas of the coasts of the Blue States. That’s were growth of good jobs and wealth will be concentrated.[/quote]
Not really. The issue is that in bay area is that unlike in san diego, the suburb is no longer affordable and there really is a shortage of housing…For example a 4/2.5 in sunnyvale rents for about $3k/month and the place is a dump and there’s no problem finding a tenant. Your theory would be supported if there was a mass vacancy in the burbs like sunnyvalue/mountainview/palo alto/and every place up the 101 corridor. And that isn’t the case, with the exception of east palo alto and parts of east bay…but that’s obvious because those parts have been coined “ghetto”, rightfully or wrong…
