A couple quick notes from a longtime (20 year) San Franciscan:<p><i>Everything is too expensive</i><p>Things are expensive, yes, but more so in neighborhoods with high concentrations of new residents, namely SOMA and most of the Mission. You can get an IPA at nearly any of the bars in my neighborhood for $4, and coffee for $2.<p><i>There are thousands of dumb startups</i><p>I agree 100%. I&#x27;ve had the (figurative)  banana hammock recruiter call me, too, and it&#x27;s shocking to me how many people are repeating the mistakes of the 90&#x27;s boom.<p><i>People are spoiled</i><p>Don&#x27;t confuse a small yet vocal minority with the City as a whole. There are still plenty of starving artists, passionate musicians and dedicated activists; they just live in different neighborhoods than they did 5 or 10 years ago.<p><i>There cannot be these many quality engineers</i><p>Again, I agree 100%. During the 90&#x27;s dotcom boom I worked with a web developer who literally didn&#x27;t know how to write HTML; all his code was copied from other parts of the project. It&#x27;s not surprising that it&#x27;s happening again this time around, but as mbesto wrote, they&#x27;ll eventually leave too when the system weeds them out.<p>All in all, most of these are things long-time San Franciscans dislike about our city, too. What&#x27;s left to be seen is whether or not enough of the people who made San Francisco a desirable place to live can afford to live here once the tech market cools off.