Actually, most people in San Francisco like the tech industry
San Francisco residents pointed to housing costs as the biggest problem facing the city today. 37% said affordable housing was their number one concern.
Transportation and homelessness, the next highest-ranking issues, each only resonated with 12% of respondents.So although San Franciscans are seeing housing costs rise, they seem not to blame the tech industry.
The community's support for companies like Twitter and Pinterest is good news for Mayor Ed Lee, who has aligned himself with the city's startup culture.Lee, who is up for re-election in 2015, reportedly visits a new startup once a week. San Francisco wasn't always known for astronomical rent prices. Earlier waves of tech growth were centered on the peninsula, so employees wanted to live south of the city. Advertisement
But this most recent boom saw companies move downtown, and their employees along with them.
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