Slashdot is... going down the toilet?
Nah, that happened long ago.
Now it's coming back up.
Before Google Fiber nobody in this area was offering affordable 100Mbps, much less gigabit. Now there are multiple carriers offering it at near-Google prices. They cracked the market open.
= = = Seattle: Together with abusive companies and bad city management, Seattle is a miserable place.
Houses in Seattle are expensive: Seattle bumps Boston as the most expensive U.S. housing market that's not in California. [geekwire.com]
Rent is expensive: Seattle rent is 5th most expensive in U.S. [curbed.com] = = =
Your points 2 and 3 and difficult to reconcile with point 1, at least from a microeconomic point of view. And all techies are good free market purists, right?
The biggest difference between time and space is that you can't reuse time. -- Merrick Furst