Does Alan Eustice hate Austin?

It seems like VP of Engineering, Alan Eustice, has backpeddled a bit on google's intent to locate an engineering office here in Austin.  This seems very strange, after Google had a barnburner in October with Will Wynn and company. http://felix-halim.net/story/gicj06/alan_eustace2.jpg

 

Well, I suppose the fact that the economy is melting and Google is under tighter pressures to prove revenue growth amongst their product lines, means they have to cut back new initiatives.  It's understandable from a political perspective why it may be controversial locating a company in Austin, when your company grew up in the Silicon Valley.

 

From a cost perspective, however, I don't know what Google is thinking.

 

All you have to do is to do a google search, and compare the cost of living.

 

Austin is 59% cheaper than Palo Alto. Housing is the biggest factor in the cost of living difference.

Housing is 77% cheaper in Austin.

 Here's how bestplaces.net rates them:

Cost of Living Indexes Palo Alto Austin ...

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