Retaining the Creative Class

The San Francisco Bay Area thrives on tides. It profits from low tides to reinvent itself as innovation hub. However, with the emergence of competing creative region, business and government officials face challenges that could be overlooked in the past. Baby boomers are retiring, workers are getting squeezed out by the high cost of living and foreign professionals are moving back home. High cost of living and the obstacles raised by U.S. immigration policies and factors are the obvious factors to reduce the regional quality of life. Interestingly now, measures to attract new creative brainiacs is to capitalize more on the home-grown workforce. That is investing in lower education and training programs to reduce education and social gaps. Boldly put: “if teachers and firefighters can’t live in the region, then you’re not offering a very attractive region to the engineers who are thinking of moving here”. The SJ Mercury News has an article on it: Bay Area brain drain, lack of affordable housing, education gaps, stunting economic grows.