Bay Area

“On the good side of it, I find that tech workers in Seattle are loyal. We don't have the types of problems that our Bay Area office has and others have of people every 18 months to two years looking for the next thing that's going to pay them more.”

“Their earnings potential right out the gate with honor will be in the Bay area for our pioneers, 17 dollars an hour, and we're creating a floor of 15 dollars for the company.”

“The Bay Area itself is like seven million people, and a quarter of a million people try to enter it every year.”

“In the Bay Area, it can take upwards of six months to find a junior level security engineer.”

“It takes years to build a train station in the Bay area and it takes less than a day in China. That is not a, oh, they're 10% faster. They are literally a hundred X faster. Maybe a thousand X. If you're talking one day or like, let's say nine hours, right? Ver…”

“The highest status thing you could do as a parent in the Bay Area five years ago was send your kid to one of the super elite private schools. Now, like, it's at least as high status or maybe higher status to, like, have your kids in one of these super elite ho…”

“I would suspect electricians in the Bay Area are probably paid something like probably mid sort of a 150,000 or something. You know, so, so, which is like basically like three X what maybe a typical liberal arts graduate is making in a sort of a, you know, a s…”

“I think what's happened in the Bay Area has happened maybe seven times in the history of the modern world, at least in the West. I think it happened in Florence, and Paris, and London, and New York, and Chicago, and maybe LA, and then it happened in the Bay Ar…”

“Where they argued quite convincingly that if we built enough housing in the Bay, in New York, and a couple of other places, American GDP would be higher by 14% or more.”

“If you're a cop or a firefighter in the Bay Area and you work in Palo Alto, you can be at three hours. Both ways. Just to be able to, like, have a house and afford a family.”

“There's a piece that we wrote a little while ago showing that the price of housing in the Bay Area has declined massively in the past 25 years. If you're like, no, no, it hasn't. It's gone off. If you price it in Apple stock and Google stock, right?”