Here's some eye opening results from a Silicon Valley Leadership Group survey (SVLG) in regards to livability in 12 US tech hubs.
North Carolina's Raleigh-Durham area has been ranked NO.1 US technology hub in the latest survey by the Silicon Valley Leadership Group. Some of the reasons for their win includes affordable housing,healthy job market. comparatively low sales taxes and affordable utility bills.
Microsoft Corp., based in Redmond, Washington may be good news to Seattle, since it has been ranked No.2 in the survey. The 3rd prize goes to the greater Denver area which has been said :
which despite a growing number of traffic jams and soaring housing prices is also home to many startups in the emerging alternative-energy niche.
And guess which was the city that had the lowest rank in the survey.... San Jose that attracts $8-billion per year in venture
funding. What a pity as its been called Silicon Valley for quite some time now but it looks like its shining glory is turning dull. Here's the reasons :
Silicon Valley ranks last in an annual ranking of 12 U.S. technology hubs because of the region's notoriously high housing costs, traffic congestion, unemployment rate and other quality-of-life problems. The valley -- defined broadly as the region stretching from San Jose north to San Francisco and Berkeley, as well as suburbs such as Cupertino and Palo Alto -- fared particularly poorly because of its expensive homes.
Picture take from here
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