Silicon Valley 'Bloodbath' Leaves Entire Office Buildings Empty

[Boompa]

Does operating the Soylent Green machine at the FEMA Camp count as a Green Job?

OP seems to have a real problem with the Bay Area

[jman650]

Originally Posted by bay090

Uh oh.
Silicon Valley 'Bloodbath' Leaves Entire Office Buildings Empty - BusinessWeek

The Bay area without a functioning SV? Detroit.

C-D posters with nothing better to do than indulge in their anti-Bay Area agenda? Lame.

[rah]

Originally Posted by BayAreaHillbilly

What's happening in the High Tech world is also happening in general in manufacturing and a number of other main stream businesses here:

Flickr: The SF Bay Area Abandonments Pool (http://www.flickr.com/groups/619766@N23/pool/ - broken link)

Rust Belt II.

there are some sweet pics in there, thanks for the link.

As far as the Bay being "rust belt" if it weren't for tourism and the tech industry, I could probably see it. Those manufacturing and military jobs in the Bay have been leaving for decades though, and in many cases have already been gone for decades...it's not really anything new, and we're not at rust belt status now, so i don't really see it happening in the future either, unless there really is a mega high-tech industry collapse combined with some other calamity on top of the recession (like Gavin Newsom running out of hair gel and vodka, and both Stanford and UC Berkeley spontaneously combusting at once, or something).

[jbunniii]

Originally Posted by 18Montclair

bay090, Im still waiting for you to prove that people are leaving the bay area in droves. Well? Where is it?

I don't know about the Bay Area specifically, but this week's Economist observes that California's net domestic migration (number of people moving from California to other states minus those moving to California from other states) peaked in 2006 and has slowed substantially since then. [See attached image. Sorry about the thumbnail; I'm not sure how to inline a full-size image.]

Their explanation is thus:

"Slowing migration has, ironically, helped California, among the most economically battered of states. California’s housing boom coincided with a large increase in out-migration, as expensive housing drove residents to neighbouring states. Those neighbours no longer seem so attractive next to increasingly affordable, entertaining and surf-fringed California. Between 2008 and 2009 fewer than 100,000 Californians left the state, the best performance since 2003."