Since the 1980s, cities around the country have been contracting serious cases of Silicon Valley envy. Everyone, it seemed, was looking for the magic formula to create their own high-tech incubators with educated, upwardly mobile work forces that would drive their cities to modernize and grow.
From Seattle to Portland, and from Denver to Austin, new tech hubs are prospering. Many of them are filling up with emigres from the Bay Area who simply couldn’t afford to work in tech there any longer.
But it’s not just the workers themselves who are spreading their wings. The lifestyle trends pioneered by a new generation of tech millennials, and by technology itself, are also spreading from coast to coast. And that is influencing housing trends. Millennials are demanding an “on-demand lifestyle” that values location over square footage and amenities.
Read the rest of this post on the original site »
This article originally appeared on Recode.net.
Will you support Vox’s explanatory journalism?
Most news outlets make their money through advertising or subscriptions. But when it comes to what we’re trying to do at Vox, there are a couple of big issues with relying on ads and subscriptions to keep the lights on:
First, advertising dollars go up and down with the economy. We often only know a few months out what our advertising revenue will be, which makes it hard to plan ahead.
Second, we’re not in the subscriptions business. Vox is here to help everyone understand the complex issues shaping the world — not just the people who can afford to pay for a subscription. We believe that’s an important part of building a more equal society. And we can’t do that if we have a paywall.
So even though advertising is still our biggest source of revenue, we also seek grants and reader support. (And no matter how our work is funded, we have strict guidelines on editorial independence.)
If you also believe that everyone deserves access to trusted high-quality information, will you make a gift to Vox today? Any amount helps.
Yes, I'll give $5/month
Yes, I'll give $5/month
We accept credit card, Apple Pay, and
Google Pay. You can also contribute via
:format(webp)/cdn.vox-cdn.com/uploads/chorus_image/image/63705883/20160315-san-francisco.0.1499504809.0.jpg)
