A recent report by the Silicon Valley Leadership Group has rated Silicon Valley last among eight high-tech areas in the US in quality of life issues like: schools, transportation, jobs, taxes, housing, and health care.
This is not really surprising, given the dramatic loss of jobs since the dot-com implosion in 2001, followed by years of double-digit increases in housing prices. Those of us living in the valley did not need a report to tell us what we already know. In the words of Mike Cassidy:
You can’t say life is as good here as it once was. Jobs have disappeared. Average pay has declined. Benefits have shriveled. Schools have suffered. For many, life is not so much about the Next New Thing as it is about the next damn rent payment.