The Valley must maintain some level of competitiveness with other city hubs, else the techxodus worsens and California loses a large portion of their economy and tax revenue. This is an existential threat to California, and the residents of the valley will lose out in the long run.
California was doing just fine when I was a kid growing up in the 70s and 80s. No doubt it’ll be doing just fine when the tech bros take their ball and go home.
There’s absolutely nothing in California that is essential for the tech industry but plenty to offer that turned it into an economic powerhouse before that time.
Pretty depressing that the only way I could possibly permanently move back to the land of my birth is in a casket.
Conversely, what gives a right to people who don't even live somewhere to go pass laws in that place so that those who have made their life there can no longer afford to stay and need to get kicked out so that the newcomers can take their place?
Either of these is too extreme, there needs to be some reasonable middle ground. But arguing that outsiders with no connection to a city other than the wish to live there someday are allowed to make laws to get rid of the locals, that doesn't sound right.
The people that live there, don't want their city/neighborhood to change in a certain way, so people that don't live there should force them to do it?
Why are people that aren't even voters in that location have a say at all?