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That's the problem. The places that are affordable don't have jobs, and the places that have jobs don't have affordable housing. As soon as a place has jobs, th
by ebiester 11y ago
That's the problem. The places that are affordable don't have jobs, and the places that have jobs don't have affordable housing. As soon as a place has jobs, the affordable housing disappears.
This sounds like supply and demand, but is exacerbated by investment concerns changing the dynamics of the market.
- wolfgke 11y ago> This sounds like supply and demand, but is exacerbated by investment concerns changing the dynamics of the market. This rather sounds like the lack of jobs that allow remote work is the fundamental problem.
- brianwawok 11y agoThis is not helping it. I bet 50% of office jobs could be remote. What is the current %, I would guess under 1%.
- ebiester 11y agoJobs like retail, laundry, hotel service... The jobs at the lower end of the spectrum, in general (ignoring call-center type work), can't be done remotely.
- brianwawok 11y agoI hardly think it is this extreme. Switching back to specifically talking about developers (while the above was a more general statement): Look at the pay and housing cost in downtown SF. Now compare pay and housing costs to other places, say Austin, Chicago, Indianapolis, etc. Yes you may make 400k in SF, but I don't think that buys you a lower standard of living. People look at raw $$ too much, and not cost of living when making job decisions. Kind of a natural imbalance in the market.