Vancouver and cities like it became popular because of the critical mass of fun, interesting, creative, hard working young people who moved there and created communities.  Once priced out, they will just go elsewhere.  Other young people will follow and recreate the same communities with a lower price tag.  Depending on local land use restrictions, some amount of gentrification then follows.  In other words, this is a problem that takes care of itself, to some extent.  Visit Austin or Nashville today and you will see this in action.<p>San Francisco is an outlier given the extremely dense concentration of high paying jobs which drove housing into orbit.  This makes it much &#x27;&#x27;stickier&#x27;&#x27;.  However, this entire model is dependent upon the public markets giving tech companies sky high valuations, which could change.  Already I see many of the more proactive venture firms scouring outside of SF for deal flow, particularly in these gentrifying second tier cities like Austin, Nashville, Minneapolis, Kansas City, etc.