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I don't think this really gets to the issue. The median one-bedroom apartment in SF has rent 5x the median for all rentals in Indianapolis. Paying $111,000 in t
by Bartweiss 10y ago
I don't think this really gets to the issue. The median one-bedroom apartment in SF has rent 5x the median for all rentals in Indianapolis. Paying $111,000 in the midwest beats $130,000 in the Valley because you'll come out ahead after housing and taxes.
So the problem is that two-fold: hard salary cutoffs translate poorly between locations, and $130k is enough to price out most parts of the country almost entirely.
Raising the salary cut-off to $130k would basically be urban protectionism: you could hire visa workers for well-paid but unexceptional tasks in NYC, SF, and Boston, but only for exceptional expertise everywhere else.
- steevenwee 10y agoExactly the point. Let the market set the salary cut offs would be much more logical than just set salary value for the entire country.