I make north of $200k working in tech in the bay, and somehow it still feels impossible to buy a house. NIMBY, low density housing, and complete absence of regulations that would protect the community against exploitation from both local and foreign investments are a bigger problem. I cannot fathom how those not in the tech manage to survive. I'm talking teachers, ones working in grocery & department stores, bankers, construction workers. You see them everyday on Caltrain, Muni, and Bart, and you can just tell how freaking exhausted they are. Even the faintest joy to be had in living has left them a long time ago. I truly feel for them. It truly is a shit hole to live in, at this point I'm saving my money and getting the fuck out of here for good when when I've had enough, which is pretty fucking soon.
@atmoz_2 жыл бұрын
For me it's a while ago that I've been over to the bay area. Have been there for many years and seen it unfolding. Always as a developer helping warehouses doing there business with our software. Then I do see the big difference, the workers of those warehouses all come from very far. Public transport isn't a real option for them. To many stops. I do understand that those Tech Companies building there campuses for there employees. It's couple of pluses. More time for work because the commute is less, no stress about housing for there employees and that also keep them at there company. They will think less fast to move jobs, the best employees are worth the most to them and would be bad for them to loose them to the competition. But do think it would be good for the cities, even when they only house there own employees it are still more houses. If they not need a house close by it will get another house empty for a potential local.
@Lomhow2 жыл бұрын
Good for you. You're money will be worth a LOT anywhere other than hellscape Cali
@a1gray12 жыл бұрын
i can flip your 200k for you. its easy.
@linmal22422 жыл бұрын
Move to Orlando FL so you can watch NASA and SpaceX rocket launches! Orlando is only 44 miles from KSC.
@honestiguana2 жыл бұрын
Human life is EASY, SAFE and CHEAP. Whenever you see a reality different from this, you can rest assured it's by design.
@googleislame2 жыл бұрын
I am a (now retired) tech worker and I left San Francisco in 2008 because I could see the writing on the wall - the entire Bay Area is unaffordable to anyone outside of tech and finance. And you cannot have a community consisting entirely of tech workers and bankers. You need school teachers, nurses, garbage men, plumbers, artists, electricians, etc. So I sold my condo and never looked back.
@La_br00tal_mija2 жыл бұрын
This school year Milpitas unified school district put out an official call to action asking parents to rent out rooms to teachers because they couldn’t bring new staff in due to the cost of living being a major deterrent
@MustbeTheBassest2 жыл бұрын
@@La_br00tal_mija that's insane..
@michelleallen22942 жыл бұрын
Best thing I ever did was work as an escort for 3 years to pay for a nursing degree and buy a home just 10 minutes away from my family... Medicine is the future in my opinion because we'll always need it. Tech helps, but even during a power outage we still get it done.
@TimothyCHenderson2 жыл бұрын
@@michelleallen2294 Especially nursing. So many nurses needed everywhere.
@selgoog82512 жыл бұрын
and the (San Jose) school teachers who cant afford to buy their own homes buy the travel trailers for their babysitters to live in.
@spectrum8382 жыл бұрын
I go to college in Silicon Valley but I’m from the Deep South. I regularly meet people living in RV parks who’s income would make them upper class where I’m from. It feels like a completely different planet and it’s wild to think that it’s the same country
@TheGrmany692 жыл бұрын
Well, Cali is technically a new territory, it's not as old as the south so there is lots of entropy.
@kevinmahaley49162 жыл бұрын
That's why I hate cali
@Trollificusv22 жыл бұрын
The people there are "the best and brightest", and yet this tottering dystopia is what they've designed?? I am not impressed. It's like some bad YA novel: "The poor lived in desperate poverty while the ruling class occupied airy palaces of unimaginable luxury" Somehow, I don't want this for the rest of the country, much less the whole world.
@sct40402 жыл бұрын
With remote work, tech workers can live outside of SF?
@martinmerrill53662 жыл бұрын
Democrats?
@FindTheFun2 жыл бұрын
I've been to cities all over the US and Europe. Some where nice, some were dingy, but NOTHING compares to the horrors in West Coast Cities. When I went to SF in 2018 for GDC I saw things I never thought I would. I saw a homeless man with no legs crawling up a sidewalk with his hands. In a Jack in the Box two heroin addicts started fighting in the bathroom and they fell through the door with their pants down covered in shit. I got sick and threw up black slime. I could go on. I will never go back, and honestly the whole experience made me rethink my career in game development.
@kheyovski85692 жыл бұрын
We do actually have homeless, drug addicts and mentally ill people but most of them are being treated/helped in some way. Even heroin users have shooting rooms for them to take drugs in an official context. I really really don't understand why American citizens pay taxes for this level of "country management". Like who didn't thought blocking building construction would create a household crisis?
@NotJustAnotherAverageJoe2 жыл бұрын
You don't have to be there to work in this field
@FindTheFun2 жыл бұрын
@@NotJustAnotherAverageJoe I know. I'm an indie developer now because I never wanted to touch SF where all the big AAA companies are. Montreal is a much better option. Even though they have their own homeless problem, it really does not compare in the slightest to West Coast cities.
@soonahero2 жыл бұрын
@@FindTheFun why was your vomit black slime
@kileNoe2 жыл бұрын
@@soonahero he ate some of that Dookie the 2 men were covered in fallin out da bafroom
@andreysleepdeep2 жыл бұрын
I briefly worked at a hotel in downtown SF. The building was very old and I heard from inspectors that a lot of old buildings and most residential houses in SF are not structurally strong enough to withstand an earthquake.
@Vannabee132 жыл бұрын
Worked for a company that retrofitted buildings in SF for earthquakes and can 100% confirm. Various measures were passed incentivizing people to do the retrofitting but most people put it off because they don't want to deal with the inconvenience of their building being renovated.
@AndrewBeals2 жыл бұрын
As someone who escaped the Valley, I can assure you that this is 100% true. It was an awful place then and it gets worse every time I go back to visit friends - and he didn't even talk about the age discrimination issue.
@theprnvanand2 жыл бұрын
what's with the age discrimination issue
@Yatukih_0012 жыл бұрын
@@theprnvanand Silicon Valley companies are discriminating against people based on how old they are, based on whether they are for or against vaccines, based on whether they believe the Moon landings happened or not. The roots of the problem lie in narcissism. Narcissists rise to the top in these companies and bully the people who work for them. They start by discriminating. First they discriminate based on age. Then they discriminate based on disability. Then they discriminate based on gender. The numbers of people they discriminate against continues to rise, until high level people are discriminated against, and are offended as a result. If you look up to a guy like Edward Jenner of course you are going to consider utopia as the highest and most noble form of living, where the weak are discriminated against and denied opportunities. They don´t care about how knowledgeable you are or how much you have worked in the tech sector. What they care about, are your beliefs. If you believe in some sort of propaganda, especially if it´s made in a country like North Korea you become more valuable to them. The idea is to use you as a flying monkey later on. Narcissists are constantly searching for a person called a narcissistic supply, so they can use people as flying monkeys to bully the supply to keep the bully from rising to the top. Soon these narcissists will feel like company managers in China feel now, when people left because they saw they were not going to do anything for them.
@aaaMDML2 жыл бұрын
@@theprnvanand It is believed that many companies are hiring engineers in their 20s,30s and ignoring those in their 40s,50s+ despite the older engineers being equally, if not more qualified.
@ButWhyMe...2 жыл бұрын
@Yatukih001 Very interesting and enlightening point. That's capitalism for you.
@spacemanapeinc72022 жыл бұрын
@@aaaMDML Older employees really are needed to mentor younger employees. Not to mention outdated coding languages that needs to be taught to the younger generation.
@Nvlutey272 жыл бұрын
Tech people from SF were the most self-important people I have ever met.
@fvwak2 жыл бұрын
Were there African Americans or women?
@thunderb00m2 жыл бұрын
I'm surprised sf has not collapsed into a black hole under weight of their massive egos
@matthew81532 жыл бұрын
@@thunderb00m It’s happening. As soon as people realize they don’t need smart homes and can pay their bills by check in the mail it’ll all collapse.
@robbliss49212 жыл бұрын
I grew up there. The cluster B diagnostic criteria have become cornerstones of the collective consciousness of those people.
@unlink16492 жыл бұрын
I live in Berlin and know a lot of people who used to live in the bay area. They quit their life there and moved here to chill and do cool stuff again without running themselves down for a job.
@jonathanpritchard64642 жыл бұрын
I moved to the bay area in 2015 after accepting an entry-level engineering job paying around $90k, which was far more than both of my parents ever made combined. It didn't take long to figure out that $90k doesn't go very far in the bay. I had a smaller discretionary budget during my 4 years living there than I did working odd jobs in college, between paying $1,400 for a room, the inflated cost of basic staples, and paying on my $60k of student debt. The massive sprawl and lack of good transit in the area also sucks. I lived my first year there without a car before finally buying a beater so that I could feasibly get to places other than work and the grocery store. Finally there's the incredibly warped mindsets of the tech workers that live there. All social interactions revolved around work, tech toys, and the status that those things brought. Non-stop networking was the norm, "where do you work?" was always the first question that people would ask so that they could make a judgement of if they should suck up to you, or ignore you completely. Once I paid off my student debt, I saved up about $10k and moved back to be near my family in the PNW in 2019. There are still problems here, but they seem trivial compared to the hellscape of the bay area. I live a far less stressful life on an $80k income here, around far less arrogant people, and with less sprawl and better transit.
@alexnice22212 жыл бұрын
How much was your student loan ?
@kileNoe2 жыл бұрын
@@alexnice2221 he said 60k
@CalleoPelias2 жыл бұрын
It's true that with more money, there's more problems. I sold my car years ago, and bought an electric scooter. Finding jobs is more difficult, but car maintenance and fees were brutal.
@yuppers12 жыл бұрын
Good move. Glad you left before they destroyed your body. I got burned out but am getting better and don't want to go back
@cdub50332 жыл бұрын
Proof that no matter how much money is earned, if it isn't enough to cover basic living expenses, life will always be a stress filled struggle & consequently utterly shit.
@salmansengul2 жыл бұрын
Things I remember when I visited SF in 2019 1. Beautiful parks, sights, big tech companies etc. 2. Homeless people shitting on the sidewalk and some guy washing it off with a water hose. 😂
@jfitz65172 жыл бұрын
So basically the main theme of the video is: California’s focused on protecting the wealth of wealthy individuals & companies, everyone else be damned. Basically California is saying, “Want things to be better for you? Then get rich.”
@idonteven3712 Жыл бұрын
basically no safety net for the poor but a welfare net for the rich only
@allentabbert12723 ай бұрын
i think "go away" fits better
@mau5atron2 жыл бұрын
This video reminds me of the time I left college after a year to become a software engineer from 2016-2018 and lived out of my car for an entire year on and off. This was mainly as a way to try to escape the valley and make connections, find work, and make money. I delivered with Postmates in the evenings until I made enough money for the day, then programmed through the night at a 24/7 starbucks. Would find a suitable spot after 3 am to park my car and slept until the sun came up. I would wake up and start programming again until the sun went down.
@Ap_twsh2 жыл бұрын
Damn, you didn't let the obstacles get in your way. Nice to know someone with a determination and grit like you exist.
@jamesbw22 жыл бұрын
@@Ap_twsh dude this sounds like hell
@joshuaconstable63232 жыл бұрын
Sounds like shit, but honestly proud you, not many would do all that
@CatcherOfBass2 жыл бұрын
Did you succeed on achieving your dreams?
@mau5atron2 жыл бұрын
@@CatcherOfBass yes! For about 3 years. Unfortunately I’m unemployed right now, but working towards an online degree to get past HR filters. I’ve used a lot of my downtime to learn new things I wouldn’t normally learn, like Rust and Erlang for example.
@MsXfi2 жыл бұрын
Worst 3 years of my adult life were while living in the Valley, hardest part we all seemed to be having the ride of our lifes while in private everyone was mentally and financially broke.
@GAURAV25855ify Жыл бұрын
You were lucky
@semra1562 жыл бұрын
This video hits too close to home. I grew up in Austin and lived there for over 20 years. Now that I’ve finished school and I’m looking at moving back, the housing market is a nightmare, there’s traffic everywhere, and small business that I loved going to as a kid are leaving. Everything has become gentrified, and it pains me to see that the city where I grew up is a shell of its formal self, and doesn’t resemble the weird, fun-loving, laid-back city that I once knew and loved
@Hollywoodintx2 жыл бұрын
Happened so quick too
@newagain99642 жыл бұрын
There’s always Iowa. 🥴
@trevor8522 жыл бұрын
Grew up in Austin and left to Orange County after graduating as the cost of living in Austin nearly equaled being near the beach in SoCal. Might as well be here if I’m going to be paying that much 🤷♂️
@ogami19722 жыл бұрын
Am in my fifties, have lived in Austin all my life. We miss you, but listen: don't come back. It will break your heart.
@jpmor73272 жыл бұрын
This is what happens when you play the global game. Everything small that you loved dies at hyper speed.
@ryan_danger2 жыл бұрын
This is horrific. I work on the railroad. I could not imagine going home to an apartment community that was also owned and branded identically to the railroad, full of pretty much exclusively people doing the same job as me. That is dystopia incarnate
@oldmandoinghighkicksonlyin13682 жыл бұрын
Yeah, being paid a quarter-million dollars a year. Brutal.
@ryan_danger2 жыл бұрын
@@oldmandoinghighkicksonlyin1368 Yeah it's one thing to get paid too much to code and go home and it's another thing to never leave the influence of the company you work for because you live, eat, and shop in the exact same place you work and surround yourself with people doing exactly the same thing
@MrEdrftgyuji Жыл бұрын
@@oldmandoinghighkicksonlyin1368 It is brutal when rent, utilities and food ends up costing $260,000 a year.
@cavejohnson4306 Жыл бұрын
Company towns again
@elfodelputoinfierno Жыл бұрын
It's cult-like almost
@kristinnhouse Жыл бұрын
I love the Bay Area so much. I was born and raised there. We moved last year to Tulsa with the Tulsa Remote program and as much as I miss California, it feels good to be able to just breathe and actually afford my life. It’s heartbreaking for so many natives to not be able to afford living there but I’m thankful for the opportunity to move and create a livable life
@tedjohnson642 жыл бұрын
Lines at grocery stores are often ridiculously long because Safeway can’t find enough cashiers. Why? Because no one (unless they’re living their parents, who bought a home decades earlier) can afford to live there. Same applies to many other blue collar jobs.
@BobbyGeneric1452 жыл бұрын
And companies are closing SF locations because of the cities decriminalization of theft under $900.
@honkhonk80092 жыл бұрын
Yet Californians lecture Texas about being a hyper capitalist shithole, even though their entire state is that INCARNATE.
@loverrlee2 жыл бұрын
Weird it’s almost like Safeway (a multibillion dollar company) could stand to pay their workers a living wage? This is what happens when a company’s greed is allowed to run rampant in a country that puts profits over people. Everyone (and I mean everyone) suffers. If you think grocery store workers or retail workers don’t deserve a livable wage because they didn’t “go to school to get a ‘real job’” then you’re part of the problem and karma is coming for you. Have fun living in your dystopian hellscape where nobody is happy and everyone is suicidal because people just like you stopped respecting your fellow man.
@mattd52402 жыл бұрын
That's where the collapse starts, soon there will be no one operating the utilities and maintaining the city. California will be a ghost state in the future unless something is done about these problems.
@heyborttheeditor16082 жыл бұрын
What if they paid their employees more. What an idea.
@Meitti2 жыл бұрын
19:00 There was a newspiece in Finland around a year ago where a half-finnish Silicon Valley worker moved his entire family to Finland for a tech job in the 3rd biggest city Tampere. The pay he received was a fraction of what he earned in Silicon Valley but he was overall much happier because he didn't have to save money for medical expenses- or high school for his children. Housing was also much cheaper and his kids could bicycle their way to school or in really crappy rainy days, easily take a public transport bus there. A secure, down-to-earth middle class lifestyle was a much better condition for raising a family than in Silicon Valley. Finland has been nominated the happiest country on Earth twice in a row even when the culture and weather outside is cold and dark. The key is not high wages (minimum wage is 11 dollars despite high taxes), but overall life security when living costs are relatively low and if things ever go wrong theres extensive safety nets ready to pull you back on your feet.Finland has only 800 true homeless total, because the police almost drag the homeless to temporary housing by force because of harsh winters would kill them on the streets. California claims to be progressive but in many regards its ironically well behind many european countries that are more Centrist in their politics.
@churblefurbles2 жыл бұрын
Finland has demographics closer to california before the problems, but like so many they haven't actually learned, and are marching towards oblivion.
@HeadStronger-HS2 жыл бұрын
Russia is very excited to visit you soon.
@Meitti2 жыл бұрын
@@HeadStronger-HS Oh you can try, we'll make snowmen out of your frozen corpses like the last time.
@JamesFromCanada2 жыл бұрын
'happiest country in the world' Hahahah man you need to go and live there. It's brutally unjoyous. Yes their standard of living is super high but the anxiety, depression, anti-social atmosphere is HEAVY. Same with Denmark. Homelessness basically doesn't exist and 'happiest' country, but having lived there I can confidently say it was the least happy place I ever lived (8 different countries now).
@Meitti2 жыл бұрын
@@JamesFromCanada Thats true (I live there). But its still in the #1 ranking because finns feel secure on their living, they don't worry about not being able to pay their rent or medical bills the same way americans do.
@willvincentparrone33392 жыл бұрын
Jesus christ I never realized how big slidebean is now. I was already an avid supporter back when it still had 15,000 subs. Never been more proud of you bro
@slidebean2 жыл бұрын
OG subscriber. Good to see you back 🙌
@MirageX472 жыл бұрын
Same , i wasn't subscribed and always had vids in my recommendation
@christinekinzel7850 Жыл бұрын
I was born and raised in San Jose. You have no idea how 100% right you are. The problem was already beginning back in the 90's, right around when I left, for the same reason. Mainly, the cost of living was undoable. And it kept getting worse.
@hillogical Жыл бұрын
San Fran is the best example of "the road to Hell is paved with good intentions". A lot of bad ideas have come from people thinking they're doing good.
@alarriag12 жыл бұрын
Funny how, whether it is low density Silicon Valley or high density Manhattan, it’s almost impossible to live decently in either place without being in the top 1% of earners.
@christianzilla2 жыл бұрын
It just makes Friends even funnier.
@Xo-31302 жыл бұрын
@@christianzilla or more dated.
@rustyyb84502 жыл бұрын
Both places have achieved a living density that is capped by regulation while incomes and individuals' desire to be resident fuels aggressive bidding for housing.
@truth135 Жыл бұрын
Capitalism
@_nik3 ай бұрын
@@christianzilla friends was set in her grandma's rent controlled apartment though. it was central to the plot that the rent was way below market
@foxeye2452 жыл бұрын
Some of the most vile villains in history are often those who think they are saving the world.
@hankmoody55142 жыл бұрын
Bill Gates? The World Economic forum?
@nayaleezy2 жыл бұрын
Trust me, the majority of software engineers on the west coast are disgustingly self righteous elitists who are navel gazing and not actually innovating anymore, just reinventing wheels poorly.
@GoldDiamond0022 жыл бұрын
@@hankmoody5514 in some way they are right. Most people are kinda retarded.
@vylbird80142 жыл бұрын
@@hankmoody5514 You could class Gates as a 'repentant villain.' He made his vast wealth through the use of underhanded, sometimes outright criminal business practices. He crushed all competition using every means at his disposal. A truly dirty and corrupt businessman. Then he retired with a huge pile of wealth - and the loathing of everyone in the tech industry. Since then he's been using his wealth to fund a lot of charitable causes. I suspect he feels a bit guilty now, having realised just how disgusted people are with his earlier decisions, and is trying to atone.
@cinemint2 жыл бұрын
@@vylbird8014 And ironically, this atonement is causing even more suffering
@333jjjjjj2 жыл бұрын
I lived there for 7 years, having recently escaped. It was great for my career but the rest of my life there was pretty miserable. My complaints mirrored a lot of what was in this video. A lot of people I knew there seemed to have this almost toxic positivity about SV and had no criticisms of it. The other odd phenomenon I saw was the number of people who had moved there and for some reason become urbanism bros, going on about the need for bike lanes, public transit, and dense housing. Those are great things, but the Bay is so fundamentally broken with regards to them and most people who own a house (and vote) are happy with the status quo, shuttling their kids everywhere in their SUV or Tesla. You aren't going to see progress anytime soon on that front.
@justcommenting49812 жыл бұрын
Maybe they just wanted to enjoy the weather without being stuck in traffic to go at most a few miles. Hard if everyone lives in a car I guess. I guess I'm an urbanism bro but I don't live in California.
@tonysoviet36922 жыл бұрын
@@justcommenting4981 I think in the sense of hypocrisy, they call themselves urbanists but do not take any action to improve the city like going to City Hall meetings or petitioning for more housing. They just like to rant and complain.
@cattuswitch72462 жыл бұрын
@@tonysoviet3692 Petitioning the city or trying to go through politics doesn't do anything, politics only moves when it benefits rich people as they have purchased all of the politicians through corporate donations. Sorry man but no longer is protesting and using politics an effective tool to make societal fixes, politics is fully captured by the capitalist class and the politicians only move for the richest of the rich. The political system in the U.S. literally doesn't work anymore because that's the tool that created all this income inequality in the first place by design. There's supposed to be homeless people everywhere so tech bros can tell them to just learn how to code like they did! Just learn how to code when you don't have enough food or water just like that.
@AnDOnlineify2 жыл бұрын
Don't need to move there to be an urbanism bro. My life is hell with traffic
@garygraham83732 жыл бұрын
where everyone needs to be a rich celebrity, as seen on tiktok and instagram, that's social narcissism, that's silicon valley
@fddtrnsmssn1402 Жыл бұрын
Turning silicon valley into a collection of company towns being the only solution to a housing crisis is peak dystopia.
@DerDudelino Жыл бұрын
There is a fix for a lot of these problems: In Germany we have something called Miet-Preis-Spiegel, it's basically the average allowed price for renting which gets determined by a government agency every two years and takes into account cost for water, electricty, gas, taxes and so on. You are not allowed to take more than +10 percent on this average housing price. It's a fair system, that ensures the profits for a real estate owner stay the same, but rents don't skyrocket. They go up slightly, but not to an extreme percentage - in Munich, one of the most expensive cities it's about 10 percent every 2 years. I've paid 1.3K for 85 square meters for two years, now it's 1430 for the next two years. Still quite some more but doable. Due to a lot of social shelters and government programs, we also don't have a lot of homeless people in Munich. There are social worker busses going around town, preparing medical aid for homeless, given them food, taking them to shelters if they want to or hospitals if they are showing severe conditions due to cold weather in winter. This is what tax Dollars should be used for.
@Wild4lon3 күн бұрын
The homeless in America are a totally different kettle of fish. You don't get fentanyl in Germany. That drug is the root of all evil. A lot of people when they first think of the homelessness issue think that it's just a lack of resources being poured into it. The truth is California has an entire homelessness industrial complex and has put hundreds of millions a year into this problem.
@PeterJMart2 жыл бұрын
Great video, spot on. I've been using the dystopia word to describe the bay ever since I moved here. One thing you didn't focus much on that is a big contributor to the problem and what makes it so especially bad in the bay is the uniquely unbuildable geography of the region. There's only a small amount of buildable land, but it's uniqueness scenery and good weather that attracts people and businesses there. However the more that people and businesses come and expand there, the more these people compete for the same amount of land, which is artificially even scarcer from single-family zoning. And because the land there is so desirable then, there's no place out of sight for homeless people to hide. This is amplified too by the fact that single family zoning is what some people are explicitly looking for, or those who have it in their neighborhood are not looking to take it away. And those who never had the money for homeownership are subject to the market to force them elsewhere.
@tomtaber11022 жыл бұрын
Good Point. Most of the Bay Area consists of water and mountains. Unlike flat parts of the U.S. there is no room for the urban/suburban area to expand.
@MonsieurArlequin2 жыл бұрын
Sometimes I legitmately think that America needs 2 things more trains and cheap large housing complex and apartments
@dudeofdargon2 жыл бұрын
Another city suffering from the same problem but more artificial is Hong Kong. A massive financial center of Asia made the land incredibly desirable. The massive influx of highly skilled labor desiring a good place to live near work always drives up the price near the center of these cities. Another big issue with San Francisco and the Bay Area, in general, is we are near a fault line, and the cost of maintaining and ensuring a building won't collapse with a major earthquake hits is expensive. San Francisco is an old city with old city planning, designed for a much smaller population than it is right now. No one could have foreseen the massive population boom a hundred years ago. We're trying to squeeze more people into a city that can't sustain it, and the solution to fix it could cost trillions of dollars and might not fix the problem in the end.
@zeitgeistx52392 жыл бұрын
This guy doesn’t think Asia exists. It’s not the geography dummy but the density. What do you think happens when you artificially constrain supply? It’s called when you put zoning up to locals, their going to reject increasing the housing supply to protect their investment and increase the value of their house. Capitalism only works in a well regulated market but the housing supply not regulated and largely up to existing home owners to choke off further supply.
@eng3d2 жыл бұрын
"There's only a small amount of buildable land," That is not true. It still has a low density in comparison with many other places, including Japan.
@thedude73192 жыл бұрын
I just love how they are moving outwards to low cost areas instead of fixing the mess they made in cali, they do know that it will just be a vicious circle this way
@honkhonk80092 жыл бұрын
They never learn and make everywhere they go equally a shithole. They vote for the exact same policies that made their areas a complete shithole, and then move on after they utterly ravaged their new host like a fucking parasite.
@loverrlee2 жыл бұрын
Don’t blame the refugees, who only left everything they ever knew to try to stay off the streets, blame the tech companies who don’t care what happens to the people. This is what happens in a society who values profits over people. Nowhere is safe when these massive conglomerates have power over our public policy. Get mad at the companies who let this get so out of hand by lobbying our government. Get mad at the government for taking their bribe blood money. Real people are dying and it’s all because of the greed from these companies that are in bed with the government.
@honkhonk80092 жыл бұрын
@@loverrlee At this point man, i dont know if we can blame the companies at this point. It should hte governments job to regulate the private sector. It shouldnt be a companies fudicial responsibility to do that. Its just ridiculous. All because of the two party political system this country has
@loverrlee2 жыл бұрын
@@honkhonk8009 I blame the companies because they hire lobbyists billons of dollars just so they can bribe the government. The government is no longer working for the people, they are working for the companies, so they are at least both to blame.
@honkhonk80092 жыл бұрын
@@loverrlee Lobying has its uses but at this point its gone too far. It needs to GO. Its practically legal bribery and is disproportionately against the people. Either we get rid of lobbying in general, or we have a legally mandated "Public Interest" lobbying group whenever this shit happens. Eitherway im glad that bribes are atleast public and not behind closed doors. But still its fucked.
@jimreuss2 жыл бұрын
I used to work at Comcast as a technical trainer. I was making 52k a year. When I got promoted corporate asked if anyone wanted to transfer to San Jose to train. I thought that would be cool. Was told it came with a whopping 10% salary increase. Average home prices then we're still 600+. Not sure they got much traction for $57,000/year.
@scoodler Жыл бұрын
I live in the East Bay. You've done an excellent job of describing the housing crisis and how we all got here.I started seeing the rents climb about a decade ago. In some parts of Oakland, for example, I saw rents triple in a matter of a few years, whereas non tech wages went up only a notch or two. I can't offer any solutions, only testify on how some of us that don't work in tech still manage to keep a roof over our heads. Many people rent a room in a larger house or apartment and share the kitchen and bathroom space with others. There's also a few studio/cottage places here and there that are relatively affordable. It can feel a little like you are in a state of perpetual college living, but it beats homelessness.
@selgoog82512 жыл бұрын
It was the mid 90s in a Santa Clara (a town next to San Jose) at a tech mfg biz, a fellow engineer commuted 2 hrs away so he could afford a home for his wife & two children. When his son was 8 & daughter was 4 there would be days when their mom (a nurse) had to work late & the kids would be home by themselves. We both were on edge hoping there wouldn't ever be an emergency at home with the kids.
@noneofyourbizness2 жыл бұрын
very well put together production. as a foreigner with zero first hand experience of America i found the broad range of issues covered fascinating and obviously enlightening. the team's frugal background fitted in nicely too. personalised the issues being discussed. hopefully you get to where it appears this level of production is taking you...soon . ;-) cheers an australian from london.
@natedogg8902 жыл бұрын
It's becoming really dystopian up here in Canada too, especially in he Greater Toronto Area and on the West Coast where I grew up. The root of the problem is similar, basically everyone wants to live there, there just isn't enough housing to support it, and the private development sector isn't incentivized to build anything but expensive single family dwellings or "luxury" condos. The government needs to step in, scrap these ridiculous local zoning laws and start building public housing again, there's just no way leaving it up to the market forces will result in anything but a further slide into dystopia. This is a formula that's worked in so many other countries, but in North America we've been brainwashed for generations to think of housing as an investment asset instead of a basic human need, I don't think we will be able to change
@roymarshall_2 жыл бұрын
I am extremely confused how you identify the problem of ridiculous zoning laws but then in the next breath imply that the problems are the result of "market forces".
@fenixfve26132 жыл бұрын
The problem is not the real estate companies or capitalism, the problem is the homeowners who did not let anything build
@natedogg8902 жыл бұрын
@@roymarshall_ Market forces exist within frameworks of rules/laws, thus developers have to work within zoning ordinance. Most areas in North America are either zoned for single family detached houses or for high rises with very little in-between or much mixing of commercial and residential. Which is why I suggested the 2 pronged approach of zoning reform and investment into public housing infrastructure. Simply just reforming these zoning laws and leaving it to the private market doesn't fix the issue that these developers are not incentivized to build low-to-medium income housing. So the government doesn't interfere too much, I would suggest that they only build public housing on federal/government land to start.
@natedogg8902 жыл бұрын
@@fenixfve2613 It's not one problem, the housing crisis, like pretty much every major problem we face, is the confluence of many issues. NIMBYs are just one of those issues. Also, we live in a Capitalist society, so problems like this are, by definition, problems with Capitalism too, or at least our version of it.
@joylox2 жыл бұрын
I'm farther East, and it's not that great out here either. Especially a few years ago when a lot of people could work from home, a lot of people from Ontario wanted to move to the Maritimes, and it got so bad that some places put in extra taxes you had to pay if you were buying land/housing and didn't live in the province already. It led housing prices to basically double over the last 5 years, and combined with "renovictions" (people evicted from apartments due to renovations), there are tent communities around, while the luxury apartments for $2500-$4000/month are mostly empty. They seem to think there's more of a market for the fancy luxury buildings that there really is. The problem here is that when you can't afford a place to stay, what do you do in the snow, how do you stay clean, and where do you go to dry off? I've seen people sleeping in public libraries, which isn't great because then there's nowhere to sit for those who need to sit for a break from the busy street. They put a cap on rent increase here, but it was too little too late for a lot of people I know.
@sumedhgarimella60242 жыл бұрын
For most of my time as a CS student in college, I saw myself going to LA or San Francisco and was super excited about that and the lifestyle it brought with it. Now that I'm about to graduate, I'm actually glad I ended up taking a job in the Washington, DC area instead, at least for now. Now I just want to treat that area and its culture with respect instead of becoming an entitled and self-obsessed tech worker.
@mysticfellow98432 жыл бұрын
Based. Entitled tech bros are the most insufferable people on the planet. Hope you enjoy DC.
@product_of_august2 жыл бұрын
DMV area is very nice
@missmia1962 жыл бұрын
DC is its own networking nightmare
@sumedhgarimella60242 жыл бұрын
@@missmia196 so i've heard
@AustinAlvaro Жыл бұрын
@FutureTrader Hey would help me with my coding journey with the insider tips you journeyed .
@carriehazel772 жыл бұрын
Bay Area born and raised, but finally had to leave because my engineer husband and I were never going to be able to buy a house. It was a wonderful place to grow up in the 80s and 90s but it's hardly recognizable as the same place anymore. When I visit home my stress level spikes was the plane comes down because EVERYBODY is stressed to the max in the Bay. 😪
@kneckebrod57212 жыл бұрын
Its interesting how people there seem to think unification of the public transport system is impossible. In Stockholm the tube, buses, and 8 (eight) different rail systems all use the same simple ticket. Makes it a joy to use.
@Demopans59902 жыл бұрын
Bureaucracy and unions. Having no unions could lead to the curious case of no one having money to buy stuff (Great Value anyone?), while having too strong unions ends up stagnating everything. Also, it doesn't help when the US is entrapped by car culture
@sualtam95092 жыл бұрын
@@Demopans5990 What does a unified transport system has to do with unions? I would say it's a general American problem with public owned stuff. Everywhere else the trains were nationalised in the 19th century because that's more efficient. Transport companies just get forced into a general ticketing system. Easy peasy
@Demopans59902 жыл бұрын
@@sualtam9509 Unions seek to keep their members in jobs. Unifying the bureaucracy eliminates the redundant work currently being done
@cheickdiarra60152 жыл бұрын
I have to say, for a company who’s main business is not making youtube videos, you make really high quality youtube videos, I love them.
@the_expidition427 Жыл бұрын
and that is why they are high quality
@loverrlee2 жыл бұрын
This is why I left and never looked back. It’s sad though that I had to leave all my friends and family and the place I grew up, just so I could have a better life. It’s tragic that we let this persist. When will enough be enough?? I pray for everyone who is still stuck in that dystopian nightmare of a place. People should be able to have a comfortable life without having to make 6 figures. Read that again.
@honkhonk80092 жыл бұрын
Honestly man its fucking shocking seeing other people live in perfect homes in perfect suburbs litterally living the American dream in every way possible. Meanwhile your earning like 6 figures working in borderline poverty conditions for no fucking reason. I hate Republicans and i feel like their anti-intellectual at times. But iv gotten to the point where I might just start voting for them. After seeing how Texas is doing, i think iv basically been either brainwashed or lied too. Texas just does shit at the most simple level. THeres no complications in their public policy towards shit. And guess what? They do so well off that. No 900 page peer reveiwed study needed to decide whether drugs are bad. No $30 million UC Berkeley funded study on the effects of crack needed to realize shit is bad. Its just so simple and effective how they govern their cities its insane. Sure texas has its downsides, but they make up for it in their zero bullshit policies imo
@heyborttheeditor16082 жыл бұрын
Don’t tell me what to do
@annapavfan46802 жыл бұрын
Yup. It’s the way that greed and power will only dissolve in the form of self destruction.
@aljo82002 жыл бұрын
@@heyborttheeditor1608 noone asked
@mafiousbj2 жыл бұрын
Having visited San Francisco in November, I was just shocked at the amount of homeless people and odor of bodily fluids that concentrates in a belt around Union Square, and I come from Latin America myself. I was lucky we read about it and made reservations for a hotel in the heights around Alamo Square away from downtown, but our first day in the city we walked back to our hotel from Union Square and it just felt like being in an episode of the Walking Dead!
@elfodelputoinfierno Жыл бұрын
I kept thinking it was just a modern-ish looking São Paulo tbf. It was like walking on Liberdade but everybody spoke English
@mafiousbj Жыл бұрын
@@elfodelputoinfierno totally! Like I bet in San Francisco there's just 10% of the crime we have here, yet the filth levels were probably worse, specially for such a centric zone. After that it's clear Americans barely walk anywhere, otherwise people would complain much more about it ^^
@OneRedKraken2 жыл бұрын
I find it interesting that in Canada, the Vancouver area has a similar housing problem. Where rundown shacks go for the price of a mansion.
@oldmandoinghighkicksonlyin13682 жыл бұрын
Thankfully the hippie douchebags and the Chicoms parking their money offshore are walled off from the rest of Canada by the Rockies. Contain that shit.
@imseeno2 жыл бұрын
Holy crap. This is insane. I lived in Daly City back in the late 90s early 2000s during my elementary and middle school years. I had no idea of this situation as a kid and never really thought of it after my family moved to the Sacramento area. Watching this now really makes me shocked at what everything has become. This was a really interesting video and had me engaged the whole time. Thank you for making this video.
@masatanida91192 жыл бұрын
I pay over 3K a month in rent for a small studio apartment in Silicon Valley. I'm not even near the city. Everyday, when I walk home from work, I notice vans parked all along the streets, and I'm pretty certain there are people living in most of them.
@francescaintheusa2 жыл бұрын
Not a tech worker but I grew up in the Bay. My parents’ townhouse has more than doubled in value despite structural issues. When I moved to Chicago for school and a friend who stayed visit, she told me that the rent I pay for a one bedroom in a historical building in one of the nicest neighborhoods is what people pay to rent out a linen closet in the Bay. I love visiting my parents and I love being from California, but the inability to get communities to accept housing is keeping people who work non-tech jobs from considering a move. Seeing how Woodside tried to make the entire town a mountain lion sanctuary instead of having to build multi-unit housing did not shock me but it told me how some people there care more about wild animals that kill their dogs than people who can afford a “lowly” $1 million condo or half of a duplex. I would also argue, frankly, that SF would benefit from a mass building of housing because there would be fewer unhorsed people. People would pay more for that! I appreciate your empathy with the activists who wanted to preserve public space and the character, as sometimes the situation is only vilified. But we are past that. Love your content overall and this is a remarkably cohesive video for under half a hour. Thanks for profiling the humanity and a lot of the nuance of this situation
@seaportsthename2 жыл бұрын
i definitely feel worse for the mountain lions than humanity. we are at fault for our own issues, not innocent wildlife that is already being decimated by our actions. people like you are exactly why some species have gone extinct.
@francescaintheusa2 жыл бұрын
@@seaportsthename I’m not saying there shouldn’t be protected areas. What I’m saying is what that town was doing by saying the entire already populated town is a mountain lion sanctuary is dishonest and a clear indication that one of the richest zip codes in America doesn’t want the risk of slightly reducing its median home value
@honkhonk80092 жыл бұрын
That is facts. People care more about their vague political bullshit than they have over their own fellow countrymen. This is partially one of the reasons why Texas is honestly so goated. They just dont tolerate the same "liberal bullshit" that Californians are on. Its so refreshing man. Its so simple too. Theres a problem, and it gets fixed if theres enough public support. Texas's whole zero bullshit policy is something to live by. Its so minimalist and really focuses on keeping shit practical. Ion know what to think abt cali at this point but god damn
@sampletext022 жыл бұрын
@@seaportsthename Animal sanctuaries are fine to have, but if you have to choose between the well being of wild animals and people, you obviously choose people every time. This is not forsaking animals so some rich people can have acres all to themselves, it's forsaking animals so humans aren't left on the fucking street.
@heyborttheeditor16082 жыл бұрын
It’s a fallacy. NYC has no height limits. It’s gross over there. Still expensive.
@MustbeTheBassest2 жыл бұрын
As a tech worker in SF for 8 years. All of this is depressingly true. I moved to NYC two years ago. It's a little better, but not by much.
@bdp2952 жыл бұрын
Moving from SF to NYC... wow. That's legit moving from one urban shithole to a barely less shitty urban shithole. How could you possibly do this to yourself?
@MustbeTheBassest2 жыл бұрын
@@bdp295 it's not all bad. There is some amazing things that an urban shit hole brings. Best food in the world, best drinks, best shows, lots of single young professionals... There's a reason it's one of the most expensive places to live in the world and it isn't because it's a shit hole 😉
@untitled7952 жыл бұрын
i think you're making truly daft choices and you kinda deserve it at this point. you listed the 2 most expensive cities in the US, while most likely being a privileged WFH situation. don't blame your idiocy on someone aside from you.
@chistovmaxim2 жыл бұрын
@@MustbeTheBassest "There's a reason it's one of the most expensive places to live in the world " and that reason - artifical blocking of affordable houing in favor of existing land larods who don't want their homes to lose value
@MustbeTheBassest2 жыл бұрын
@@untitled795 Wow, what a sad miserable response that was. Have a nice day.
@matkowalewski Жыл бұрын
As an European, I was fasctinated with America throughout my childhood, but the more I learned as I grew up I driscovered that US is fundamentally broken and my cousin's adventure in the Bay Area proved it. Wouldn't mind visiting, but can't imagine myself living in places like New York or California.
@Jakepearl132 жыл бұрын
We don’t even have to wait till 2077 anymore,the dystopia is already here
@rngQ2 жыл бұрын
Wow. Even after a few of my friends moved to Cali, I didn't realize how bad so many people really have it there. It seems like the same thing is also happening in Seattle, whenever I visit the city it looks worse, the homeless situation doesn't improve there, it just moves around, the city and the citizens are so incredibly intolerant to these individuals simply because they can't afford housing. Mental health is spiraling to a massive degree nowadays.
@genericscout54082 жыл бұрын
The thing is the desperate often take desperate measures. That's how you get robberies and thefts skyrocketing just because someone needs to eat. The last people in the area that fed them were literally the Mafia, but that got shutdown.
@connordrake57132 жыл бұрын
Most of them are Democratic lead cities. We can't detach politics from this issue. All this mess that y'all complaining came from dems policies.
@yusefkhan17522 жыл бұрын
90% of mental health issues can be solved with a livable wage
@CBRN-1152 жыл бұрын
@@yusefkhan1752 or a firearm lol
@Kapik10812 жыл бұрын
@@CBRN-115 Calm down Adolf
@seanbullough62962 жыл бұрын
IMHO the ridiculous and unnecessary hiring practices of many companies is a fairly decent part of the problem as well.
@tomholtslander79502 жыл бұрын
Portland, Oregon is in a similar spot. The rent here is insane with a rising crime rate one would think it would help decrease rent but it hasn't. A coworker of mine pays $1,600 a month for a studio apartment. That's nuts. That's what a house SHOULD cost
@ge27192 жыл бұрын
the only thing that will decrease rent is for people to stop voting or the morons that you elected that created these problems in the first place.
@cathuria58182 жыл бұрын
@@ge2719 you mean leftists
@merefinl69142 жыл бұрын
I grew up in the Bay Area with a parent who worked at Apple, and as soon as I was old enough to understand the homelessness crisis I knew I couldn't stay there. I didn't want to work in tech, and my future there even as a wealthier kid was dehumanizing. I live in Oregon now, where I'm still surrounded by homeless people, but the difference between this place and the Bay Area is that people here are not chasing a wealth fantasy. Tech companies are extremely manipulative and blind their employees to anything but a reality where they are special and don't have to worry about anyone else. They create and foster class divisions and even though I have family who work in tech it makes me sick to my stomach to visit them. I never want to go back there.
@coolbuddydude12 жыл бұрын
That’s deep my guy. You’re describing a cult lol
@merefinl69142 жыл бұрын
@@coolbuddydude1 It really is, my mom called it a golden cage all the way up until she retired.
@coolbuddydude12 жыл бұрын
@@merefinl6914 damn...I always wondered what my future would have been if I became a programmer like my friends. Now I know I am not missing out lol Thank you for sharing.
@evanpimental2 жыл бұрын
I am a life long SF Bay Resident. I have always resided on the East Bay in the suburbs of Oakland. I personally wouldn't want to be from anywhere else in the world. I actually like Oakland more than San Francisco, but San Francisco is a magical place. If I was Uber wealthy, I'd still want to live in the Oakland Hills/Piedmont. The view insane, you see all of Oakland, The Bay Bridge, San Francisco, The Golden Gate Bridge, Marin County and let's not forget, The Bay itself. I will admit that the cost of living has always been high, the influx of tech money has only exacerbated the cost of living. However, there is a plus side to that. The plus side is that there's ample money outside of the tech realm be made if you are entrepreneurially-minded. With such a large economy in the Bay Area, if you can supply a good or a service, and do it well, the potential is limitless. The Bay Area's historical influence on culture, technology and the arts cannot be overstated. It's not perfect, but there's no place on earth that I'd rather call home.
@MarketHustle2 жыл бұрын
Amazing to see the channel continue to invest in KZbin and storytelling!
@Ap_twsh2 жыл бұрын
This must be creative fiction.
@Mhe620GO12 жыл бұрын
Your channel gives such high value content, hope it keeps on growing and growing
@GreatValueBleach2 жыл бұрын
looks high value until you look at the details
@kalisticmodiani26132 жыл бұрын
Covid had an idea by allowing people to work from anywhere they wanted. But I don't know how much we've walked away from that idea (several big corps have said no to work from home).
@HomeslicedVideos2 жыл бұрын
All the good talent (who want to) are moving to hybrid or remote. Any company not offering the option is shooting themselves in the foot.
@Optimvs_Princeps8 ай бұрын
What’s even crazier is that homelessness is largely a late 20th century phenomenon everywhere in the US.
@Yoda_Gaming1738 Жыл бұрын
what baffles me is a lot of them are moving to Austin, TX(a kind of silicon valley competitor) and theses people fleeing from unaffordable housing due to terrible zoning laws and gentrification are quite literally voting for stricter zoning laws and gentrification in Austin, like literally "welp ill be dead before its my problem." This video does a great job at not trying to put the blame on a single group of people, rather everyone involved.
@ryanconners30482 жыл бұрын
"Company Towns: the most American phenomena that goes most against American values" Something along those lines was said by the youtuber knowing better in a fantastic video and i feel like that really applies in the bay area.
@Bonanzaking2 жыл бұрын
Not entirely American actually. The dutch east India and British East India companies come to mind.
@johnd93572 жыл бұрын
Nick Johnson?
@ryanconners30482 жыл бұрын
@@Bonanzaking I would argue those were much much bigger than company towns. They were more like corporations in the business of colonialist extraction. Watch knowing betters video, he does a great job explaining the whole phenomenon.
@ryanconners30482 жыл бұрын
@@johnd9357 it's possible that knowing better was quoting someone when he said it and I've just forgotten that and attributed it to him... I don't remember
@Bonanzaking2 жыл бұрын
@@ryanconners3048 more like private mini empires.
@ylysergic17492 жыл бұрын
Having grown up here me and all of the people I've grown up with have accepted that we will not be able to live here unless we come from wealth or inherit our parents properties. Even the ones who studied to work in tech and do cannot afford to live here without sharing an apartment will 3+ people. It is kind of disheartening because it is truly an amazing place to live but it has been getting worse over the years with homelessness and crime that it looks like it will unfortunately turn into another LA. The only good thing I can say is that this area has everything you need if you don't have to worry about housing
@viridianacortes96422 жыл бұрын
Dude. The entirety of my Dad’s side of the family live in CA. And they are all moving to AZ. That’s like at least 100 people. And they are well off. LA and CA are going downhill.
@sashamoore96912 жыл бұрын
Y’all have more homeless than LA with more than twice as less the population 😂
@epeeypen2 жыл бұрын
keep voting blue and keep asking for more government regulation and im sure that will fix everything
@Calizen2 жыл бұрын
LA proportionally is doing so much better than San Francisco the rate of homelessness per person is worse than LA
@333jjjjjj2 жыл бұрын
Other than a great job market I didn't find much special about the bay area. Blah housing developments and strip malls for miles and miles. If the housing was 1/3 current levels it would be just OK.
@gvetech2 жыл бұрын
This is quite insightful. Thanks for shining a spotlight on this.
@rehmsmeyer Жыл бұрын
Bad transportation = "I don't have to see poor people in my neighborhood." Lack of housing = "Higher housing cost > less poor people in my neighborhood." Crazy how life works!
@virginia6442 жыл бұрын
Hi, resident of SF since 2011 👋there is no simple solution to the homeless problem. People here are unhoused for many many reasons, and the main groups that most people would see in SF's streets are: - addicts of drugs and/or alcohol - people with untreated mental illness or bipolar disorder - autistic, cognitively impaired, or developmentally delayed adults - people with paranoia or delusions about society, but who are otherwise neurotypical - former inmates unable to find work - people with depression and/or PTSD (this group includes veterans) - people who grew up in dysfunctional systems (like foster care, or ran away from home due to abuse) and the streets are their only place of community or way-of-life. To them, being homeless is "home" - combinations of any of these Our existing programs mostly accomodate people NOT on this list, such as domestic violence survivors and family units who have been evicted or lost their jobs. So this is why we can't find a solution. Treatment for a drug addict doesn't solve anything for a veteran with PTSD. Employment programs could help former inmates, but what does it do for 50 year old man with the cognitive development of a 9yr old child? For some, the only long-term solution would be to open asylums where they would be cared for. (I doubt we will ever do this, though. For others, a "solution" does not exist because they don't want to be helped or they simply can't be. Our social programs create a positive-feedback-loop where the more money we put in > the better they are > more people in need come to SF > we put in more money to help the growing population of unhoused people > the better our programs are > more come to SF for the services > we give more money to help them > and on it goes.
@user-rc7ld1db8v2 жыл бұрын
Very nice and informative documentary. For urban and city planning look no further than Asian countries like Singapore or Taiwan that have overcome way worse conditions than our own. Their city planners brought people from poverty up to prosperity. Maybe we can learn something from their city planners. I would love for people to start talking about success stories from Asia and seeing if we could do the same in CA.
@nithinsrivatsa47262 жыл бұрын
@gongGong Agreed 100% Birth rate is becoming a common problem, but Singapore has it better than China or Russia for example. All three countries I mentioned have issues because of low birth rates, but Singapore is a dream city for many Asians and even some Europeans so they can make up for a lower birth rate with more immigrants.
@Ap_twsh2 жыл бұрын
LOL, we give everything for free to people from out of state here in CA. Not sure why people are so surprised also that people like spending on crap they don't need.
@qjtvaddict2 жыл бұрын
@@Ap_twsh china doesn’t let lunatics roam freely reopen the insane asylum and put em back there
@maYTeus2 жыл бұрын
if only every city could be Singapore. The fun thing is many people had their welfare sacrificed to gain the wealth that they have now. asking the same from San Francisco 🙃
@zeitgeistx52392 жыл бұрын
White people don’t care they don’t want to live with significant number of minorities. You would know if you studied this topic. White flight is a well documented occurrence. Katy, TX is a perfect example of white flight.
@JustMe999992 жыл бұрын
I love it - "company towns" from the early days of industrialization are making a comeback...
@CBRN-1152 жыл бұрын
Slavery will make its return soon. History sure does love to repeat
@TheCarnivoreSoprano Жыл бұрын
Bingo.
@bigk82102 жыл бұрын
Bay Area born and raised. Public transportation should be like in New York/New Jersey with a Port Authority in charge of all busses, trains, cabs, ferries, bridges and airports. Think about it: people commute from Los Banos. Not only is it so far but it literally translates to "the bathroom. " 🚽
@I.amthatrealJuan2 жыл бұрын
Can relate We love to take baths
@mrsmerily2 жыл бұрын
I wonder how many tech workers who pressured up the prices deal now when 10000s of them are made redundend and the money runs out. The ironic part is that IT is one of the field that is not tied to the location. You actually dont need to be in the hub. You can choose to make something your own in somewhere much cheaper.
@guru47pi2 жыл бұрын
Great example how nimby is self-defeating. People buy their land, then want nothing to change, so yeah, their property values explode, but you get homelessness, lower quality of life, and eventually economic slowdown for everyone there. People need to be able to live in cities, and making it legal to build higher density housing is a key first step
@pyronical2 жыл бұрын
Sheesh fire your editor, this is physically painful to watch with the shot cutting every 2 seconds.
@DivinesLegacy2 жыл бұрын
The fact that single family housing still exists in a place as in demand and space restricted as San Francisco is insane. And it’s all to protect the “beauty”, which is arguable.
@pedrokantor39972 жыл бұрын
You could always turn SF into a cyberpunk hive city that would make Deckard proud.
@sidehustletips2 жыл бұрын
Beauty is more important than people who don't NEED to be there. Ugly affordable city? Please no. I would love to move to Monaco. But I'm not uber rich right now. I would love to move to Norway. Just because you WANT to live somewhere doesn't mean you get to. Seriously so many people should just trying living in other places instead of commuting for an hour or more each day.
@ragedsycokiller2 жыл бұрын
@@sidehustletips exactly lol
@plumli49472 жыл бұрын
@@sidehustletips This. I live in Toronto and people are always bemoaning who wants to live in a shitty shoebox condo. No one wants to live in one, but we are getting to a point where people who have full time jobs can't afford /rent/. Not to mention so many of us, like in San Fran, live a life style where we do nothing but work and have no hobbies anyways, we're already there at the cyberpunk future. No one builds houses with family rooms anymore because no one has an extra set of couch reserved for guests because no one has guests over.
@DivinesLegacy2 жыл бұрын
@@indusingh2013 high density residential housing doesn’t have to be “dystopian”. Lay off the movies. Single family housing units should be further out in the suburbs, In the case of San Francisco a few blocks away from downtown is single family housing, which makes no sense, when space is very limited. I’d consider modern American suburbs to be more dystopian if anything anyways.
@maxbaugh93722 жыл бұрын
A contributing problem is SF's tolerance for open drug dealing. Michael Shellenberger has documented how some areas are functionally open air opium dens, people suffering from addiction are not given any treatment and their situation just deteriorates.
@honkhonk80092 жыл бұрын
Dont tell that to anyone from SF though. The sheer cognitive dissonance from these people is insane.
@sidehustletips2 жыл бұрын
Nope. Drugs not illegal and in Portugal and they don't have any big issues. It's unchecked mental illness for homeless population. SanFran is way nicer than DC. Nicer people and more chill. No one is FORCING people to stay in SanFran if it's too stressful for them. This is a gigantic nation. 80% of it is basically empty.
@newagain99642 жыл бұрын
Bro. If only they had opium. That sht is classic. Instead they got all the whack synthetics.
@CBRN-1152 жыл бұрын
So this is Gotham city
@rustyyb84502 жыл бұрын
It begs to be asked why SF residents don't fund counseling not only for addiction but also placement in a community where the individual has relevant job & housing opportunities. SF isn't the right place for former addict. Too many addiction opportunities and little need for a high maintenance low value worker.
@brunovaz Жыл бұрын
And now with remote work, the same tech workers are bringing silicon valley to Bali, Lisboa etc and making those places unaffordable for locals
@jayfrei Жыл бұрын
I’ve been here 20 years now. Moved out from NM to be a youth pastor - which basically pays nothing. God has sustained us and then some. I’ve had to work outside the church the whole time but God has blessed it immensely. I’ve taught the Bible about 48 Sundays/year all these 20 years. My wife & I have been blessed with 3 amazing boys and she’s been able to stay home and raise them. Everything in this video is true but I’ve felt like Peter, walking on water while so many around me hustle 24/7, barely make it, and even those doing “well” financially feel so weighed down because other areas of their life are lacking (due to extreme work demands). It’s been wild, and I almost feel bad because I’ve been so blessed, coming out here for ministry, and making ends meet in construction, and then getting into tech and excelling. I’ve often thought, “I wish everyone could trust in God as a good Father…”
@Cruznick062 жыл бұрын
I'm in Lincoln, Nebraska and my neighborhood has some mixed housing. Most of the oldest part is single-family with fairly big lots. But then in another development that's newer it's duplexes and townhouses. Then the newest development has small lots, smaller houses, and is mainly 55+ people who don't need big homes. Across the nearest main street is a neighborhood that's got single family homes, duplexes, and apartments. We still definitely don't have enough full-time housing here. A large amount of the apartments downtown are used by students during the academic year for the local university. There's also serious issues with ONLY single-family homes or Luxury Apartments being built. We need affordable housing that's clean and safe. Not massive single-family houses and apartments that cost my mortgage in rent each month.
@Mladjasmilic2 жыл бұрын
I am electrical engineer from Serbia. While writing this, I am on the bus to work. I lived in Belgrade for 6 years. When I started working, small flat costed to rent out 100€ per month. Today, you can't even find a room for that money. I bought a house 50km from work, and my wife is still angry how I could not afford an apartment close to her or my job. I consider myself to be in top 20% in term of income in Belgrade, but prices are so jacked up, that after paying rent you are almost left with nothing. But, on the other hand, I am 29 years old, I owe 120 sqrm house with 1 car garage, 2 bathrooms, 4 bedroom and a living room. And about 300sqrm of land.
@gloofisearch2 жыл бұрын
Greed and no laws against it is a big part of this. I lived in Sunnyvale from 2008-2011 and I liked it. Was lucky enough to get a decent place to rent just because we were in a recession. However, once the situation improved, the landlord wanted more and more money. He always said "I have 20 people lined up that pay me more. So either I pay more or I am out!". There is/was no decency and that is the way capitalism works. Get as much money as possible out of something, no matter the consequences.
@NEWDAWNFADES4442 жыл бұрын
Greed, being a slave to convenience and comfort, and isolation will bring humanity to its knees
@kingszeno3 ай бұрын
Living in east Europe, own apartment, great work life balance, living a dream life on a fraction of a fraction the price in US. Watching this is really like Science Fiction.
@evanfinn64542 жыл бұрын
Extremely thoughtful, beautifully done piece. Thank you for creating this.
@BFRIZZLE9092 жыл бұрын
Commuting can take its toll on mental health, turning an already stressful situation by adding up to 4 hours to your workday.
@Leopoldcold2 жыл бұрын
I’m sad that the place I’ve always dreamed at working is actually so horrible
@ruthpower48922 жыл бұрын
You need to research your dreams more................
@brandonpham73082 жыл бұрын
Don't come here to the Bay Area looking to start your career. Make sure your resume is solid and then come here when you're confident you'll have a high paying job lined up. And always have a backup plan to leave the Bay Area in case you lose your job. Be very wary of signing a lease, losing your job, and being on the hook to continue paying very high prices for rent. If you play it right, you can do very well and make much more than you spend. But the margin for error is low.
@Kombo-Chapfika2 жыл бұрын
Why do you dream of working in such a horrible place? Honest question
@Leopoldcold2 жыл бұрын
@@Kombo-Chapfika because it’s got warm weather, technical development centre, and 2x higher wages than in other places
@peteryozell73252 жыл бұрын
@@LeopoldcoldAustin
@westswell27572 жыл бұрын
The local economy has been developing useful products and solving vexatious problems for ages. With legions of the world's smartest people on hand, why can't this mess be just one more set of problems to solve? It's actually in the businesses' best interest to do so, the benefit to them will be close to follow.
@datingandlifeadvicechannel75349 ай бұрын
Agreed
@violetpup4272 Жыл бұрын
I grew up in San Jose. My husband is military but when he retires we can never afford to go back 😢. My parents only can stay because of prop 13 and the state wants them out of the property so bad.
@marianhunt88992 жыл бұрын
This is not progress for the majority of people, only a small handful of extremely wealthy people. It's a living slow burn nightmare for the majority. Even our ancestors had a humble hovel to call home and fresh food. We are regressing, not progressing in the main.
@Oblivius332 жыл бұрын
And the worst part is that they want the entire world to be like this. And they can't conceive anyone not having their mindset.
@artispeedy2 жыл бұрын
Lmao no we don’t. The tech workers don’t have the power here. The land owners do.
@PurpleDuneEfa2 жыл бұрын
who is "they"?
@Oblivius332 жыл бұрын
@@PurpleDuneEfa Generally speaking, the segregated elites on top of the californian food chain. Altough the californian population voting habits might actually play a part in this too.
@PurpleDuneEfa2 жыл бұрын
@@Oblivius33 ok that makes sense, thank you for clarifying.
@Oblivius332 жыл бұрын
@@PurpleDuneEfa Thank you for asking a question and not jumping to conclusions.
@campbelllin33232 жыл бұрын
I used to be a San Franciscan 5 years ago living within the proper city limit and working a decent accounting job straight out of college. I was able to afford rent in the Sunset District and maintain my sedan. I was living financially well. But seeing the homeless problems and rising costs caused by institutional systems that I cannot voice to change, I felt very depressed to live in a city seeing all these happening on a daily basis and had to leave for another country to find “better” life.
@MaraLatorre2 жыл бұрын
Zoning. When a dense area predominantly has single family zoning, housing shortages arise. Upzoning is one of several policy changes that need to happen.
@somerandomvertebrate92622 жыл бұрын
They should take large swaths of suburbia and trash the zoning restrictions. It doesn't mean you have to build skyscrapers on the plot. Pre-modernist architecture six-story rental buildings in closed blocks with backyards and with the ground floor mostly reserved for shops - like in any normal European inner city - would fully do the trick.
@xdeathcon2 жыл бұрын
This kind of stuff is why I'm glad I live in a much poorer rural area. You can have a good life making much less money because the costs are so much less. Being into software also means that despite not making the crazy amounts of money people in Silicon Valley make, it's still much better than average. Selfishly, I'd like for the majority to stay over in California so that my area doesn't get gentrified.
@nz6241 Жыл бұрын
I don't understand why people are complaining, this is how capitalism is supposed to work.
@jarlaxle35882 жыл бұрын
This just keeps getting more insane. That shitty house for $1.3 million they showed at like 13:15 is nuts. I live in a big city and that would sell for maybe $25k here at the very very most.
@briansimons27032 жыл бұрын
What city are you getting a house for 25000
@intermediate2122 жыл бұрын
There's no way you would see that house for 25,000 no matter which city you're in.
@jarlaxle35882 жыл бұрын
@@briansimons2703 St. Louis
@jarlaxle35882 жыл бұрын
@@intermediate212 Yea, I've seen plenty. I used to rehab houses. We would get a house for $5k-$15k and put some work into it then sell it for $25k-$80k. That house they showed was a tiny one bedroom that looked like it still needed some work (like DIY work but not a rehab level of work) so it would be like $25k tops...based on what a ready to live tiny one bed would go for
@tiamystic Жыл бұрын
Right like that would sell for $15,000 down in the Deep South
@shaudemarie88442 жыл бұрын
Here from Raleigh North Carolina. It’s not nearly as dire of a situation here but very similar. Regular one bedrooms are a minimum of 1,300 if you don’t want to stay in the hood. We are nicknamed “roommate city”. I have 3 other roomates. AVERAGE wages here are between 14-18 an hr. I work a minimum of 60 hrs a week to try and stay ahead financially. I love it here but I’m definitely considering relocating due to the soaring cost of rent. I’ve watched places that were 1,000/month jump to $1,400-1,600 in just a few short years. The triangle area is becoming a hot spot for tech/science jobs. The young locals will all tell you that they cannot afford to buy homes in the area anymore. Sad sad sad situation.
@noneofyourbusiness11142 жыл бұрын
Checking in from south Florida to report the same thing.
@jonathantan2469 Жыл бұрын
12:07 To be fair, back in the 1960s, nobody thought San Francisco would become an overpriced tech-capital of the world with skyrocketing rents, where the largest technology companies would be located. Even the word "Silicon Valley" was unheard of. The hippie movement had their capital there in the Haight-Ashbury neighbourhood, and they were obviously against redevelopment for more multistorey housing... it would pave "paradise" with parking lots & apartment blocks. In a way, a lot of the Edwardian-era houses have been preserved.
@JamezGrimm2 жыл бұрын
Best decision I ever made was leaving Cali. I’ve made the same amount of money as a systems engineer everywhere else. But instead of living in a cardboard box, I actually have my own home. The California dream is dead and has been for a very long time.
@allentabbert12723 ай бұрын
hopefully many will follow you
@josephsuarez6502 жыл бұрын
Great storytelling & explanation, tons of people don't quite grasp how we got to where we are today
@nayaleezy2 жыл бұрын
hubris, arrogance, and a lack of wisdom.
@33Jenesis2 жыл бұрын
My oldestg friend from elementary school, her family owns 3 single family homes biking distance to Stanford. All are free and clear. She lives in one, her parents in one, and her sister lives in one. They bought them in the 80’s and 90’s. The problem is, they can’t cash out unless they move way out of area. Until then, they can’t touch the multimillion equity they have (they don’t make enough to borrow equity and pay it back).
@mark-madisonАй бұрын
Excellent overview and analysis. Tragic situation for many people. Similar problems up here in Seattle.
@anuragpandey2635 Жыл бұрын
When you see nearly all the start-ups in silicon valley is also in Bangalore, with 1/3rd the expenditure, you get the answer
@UnidentifiedAngelfly2 жыл бұрын
It's absolutely shocking that a salary of $250k will buy you the bare minimum in the Bay Area... I just can't even wrap my head around that. I feel so sorry for the non-tech workers there
@velocirapture89 Жыл бұрын
It's just the reality there. Most of the country is rightly shocked by that. $250k is a great salary in 95% of the USA.
@SYDAirlineEnthusiast Жыл бұрын
Yes, this is the sad truth. 63K rent or mortgage a year requires a minimum income of 250K for landlords to rent you an apartment.
@TimothyCHenderson2 жыл бұрын
De-institutionalization wasn't so much that institutions wouldn't accept new patients, they were just shut down. Hence all the old abandoned asylums throughout the US. Also, many states still bus the homeless to other states, very common strategy.
@randomoverpopulatedworldid32862 жыл бұрын
I moved back in 2016 and since then rents went from $1600 for a studio to $2600/m and it's corporate landlords mostly. The country needs to regulate housing costs or no one will have kids or care to work because if you can't buy or even afford to rent a house, what is the point. You literally have to couple up or have roommates or you cannot sustain housing. But I grew up driving to the city to have fun and NEVER EVER was the housing crisis like this. My fav apartments (used to be called Lands End in Pacifica,) were owned by people/a family and now a huge gigantic corporation owns them and the apartments are literally going to fall into the ocean one day... You either make a half million a year or make barely enough to afford to not live in a tent.
@murdey2 жыл бұрын
Government regulating housing costs only makes the supply issue worse. The only reasonable solution is more dense/efficient zoning which no local homeowner would vote for (because increasing supply would make them less wealthy by devaluing their house)
@imilegofreak2 жыл бұрын
Berlin is expropriating corporate landlords but yeah, good luck getting that done in 'Murica.
@sophiasmith50692 жыл бұрын
@@murdey no it doesn’t. In my city somewhere in Europe, it worked.
@grazynkatodisco49162 жыл бұрын
@@murdey- you are right! It’s a communist “model”... Only people who never lived in such a country doesn’t understand what it does and how it doesn’t work in the long run. ..
@grazynkatodisco49162 жыл бұрын
@@sophiasmith5069- Yeah you like that... and social system, where you get paid for doing nothing. I get it.
@cinemint2 жыл бұрын
Texan here, not excited for my state to become just like this in a decade or two
@ChickenJoe-tq6xd Жыл бұрын
Yep they all move their to vote in the same policies that destroyed their own cities, same thing happening with New Yorkers flooding into Florida after making their state and city a hellhole
@ChickenJoe-tq6xd Жыл бұрын
It’s so funny how on social media and the news they constantly trash on Texas and Florida while at the same time those same people are moving here from their liberal hellholes
@Kannot2023 Жыл бұрын
Real estate greed destroy economy. More money you make more your landlord raises the rent. And real estate is finite.