Silicon Valley - Brain Drain

I wrote in a previous post Golden Goose that

Stanford is feeling the pinch. Well now it seems Silicon Valley is feeling the pinch as well.

I read today that despite the economy reaching pre-Internet boom levels, the Valley is facing a serious brain drain. There are a number of reasons for this -

1. High cost of living - it costs more than $500 a square foot to buy a match box size condo in my area.

2.  Salary increases are not keeping up.

3. Severe traffic

You can say that again! 4. Severe traffic.

And....

5. We can't get the Chinese and Indians to stay!

I wrote in a previous post Golden Goose that

Stanford is feeling the pinch. Well now it seems Silicon Valley is feeling the pinch as well.

I read today that despite the economy reaching pre-Internet boom levels, the Valley is facing a serious brain drain. There are a number of reasons for this -

1. High cost of living - it costs more than $500 a square foot to buy a match box size condo in my area.

2.  Salary increases are not keeping up.

3. Severe traffic

You can say that again! 4. Severe traffic.

And....

5. We can't get the Chinese and Indians to stay!

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