I live in Metro Atlanta, we are still building and growing like crazy, and there is no shortage of tech jobs that pay well considering the cost of living. There are plenty of other relatively affordable cities. If LA doesn’t want to grow. So be it.
That was a for instance. There are a number of other large and economically significant cities in the US that aren't on the West Coast, many of which also have relatively high existing (absolute, not just relative to local CoL) tech salaries. Washington, D.C., metro is just behind New York, for another example, but the list is long.
I live in Metro Atlanta, we are still building and growing like crazy, and there is no shortage of tech jobs that pay well considering the cost of living. There are plenty of other relatively affordable cities. If LA doesn’t want to grow. So be it.