I think this is the root of it. The high cost of living (high property values, high taxes, high regulation around inputs like fuel and wages) mean that being able to put four walls around a family and feel even a modicum of financial security requires a staggering -- a simply staggering -- income.
If one looks at the inputs into the cost-of-living issue, I suspect one would actually find that much of the pressure cooker atmosphere is the result of bad policy. There's no shortage of land, energy, labor, or even water* in Silicon Valley. But there's an enforced shortage of these things, and the resulting high prices create the "banishment effect" for these children.
If one looks at the inputs into the cost-of-living issue, I suspect one would actually find that much of the pressure cooker atmosphere is the result of bad policy. There's no shortage of land, energy, labor, or even water* in Silicon Valley. But there's an enforced shortage of these things, and the resulting high prices create the "banishment effect" for these children.
* Since I'll take some flak for this, here's one supporting view: http://www.city-journal.org/2015/cjc0402vdh.html