05-01-2017, 06:26 AM
HoT, if as Eric says Telescopes need vast tech support networks, then tech will breed tech infrastructure, sourcing outside employees. Salaries of an influx market have been shown to drive up prices for all in a competetive renter market driving out the poor to make way for more incoming rich and benefitting mostly the same rich outsiders (and of course a few locals). Not that complicated. The 1% hold 99% of wealth model.
We live here because we can afford to. I never even imagined gentrification would happen here until Gypsy brought it up but he is right, I have personally witnessed it happen fast in several places primarily developed by big pharma, tech or silicon valley.
Kkoa, if TMT is investing 1.4 kajillion dollars it seems likely they have contingencies lined up for that in their budget.
We live here because we can afford to. I never even imagined gentrification would happen here until Gypsy brought it up but he is right, I have personally witnessed it happen fast in several places primarily developed by big pharma, tech or silicon valley.
Kkoa, if TMT is investing 1.4 kajillion dollars it seems likely they have contingencies lined up for that in their budget.