> It will fail on the long term, as more and more companies question the wisdom of setting up shops in the Valley and California in general, and move to locations with much lower tax and restrictions, such as Austin TX.
That sounds like a success from the perspective of folks who don't want their suburb to turn into SF or Manhattan?
If they don't want their suburb to turn into SF or Manhattan, then they're definitely taking the wrong turn by introducing this legislation.
Instead of a suburban office location, they are actively encouraging urbanization: more restaurants, more commercial spaces in general, more residents.
Moreover, all these tech campuses represent the majority of the richest residents of suburbs like MTV, and the main reason they are rich and have good schools etc. It would be very odd if the community as a whole wanted all that gone, especially when techies are a large part of the community.
Finally, if MTV wanted to repel tech, there are much more effective ways to do that with legislation. For example, they could apply the legislation to existing offices.
So no, I don't believe this is part of some campaign to avert MTV turning into "Manhattan", which is not something that can happen in the foreseeable future anyway.
That sounds like a success from the perspective of folks who don't want their suburb to turn into SF or Manhattan?