According those links, San Francisco or San Jose aren't even in the top 50 most expensive.
Every time I read one of these "the Valley is moving to X" articles, I'm reminded of the last 15 years of "the Valley is moving to X" articles that haven't come true. Tech is a huge industry, and growth allows for jobs everywhere. I don't know why all of these articles have to be phrased as if jobs need to leave the Valley to make it happen.
About the "the Valley is moving to X" I can tell you our objective is not to move the Valley here. What we want to really accomplish is to build the some sort of evolution of it. We want to build a great community and make Amsterdam the technology and innovation center in Europe. The outcome looks bright and we are very optimistic about it.
We definitely do not need to move the Valley here for Appsterdam to be successful, Europe is full of great talent.
But of course people from the Valley are welcome as well and can make our community richer.
Interesting. Of course I based my statements on my travelling through those places for a few days - I guess that's significantly more different to actually living somewhere in cost terms than I had considered.
First two links:
http://www.citymayors.com/statistics/expensive-cities-europe... http://www.finfacts.ie/costofliving.htm