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> Second off a lot of the high cost of living has nothing to do with solving hard problems Actually, it's directly related. People who solve hard problems at c
by vostok 10y ago
> Second off a lot of the high cost of living has nothing to do with solving hard problems
Actually, it's directly related. People who solve hard problems at companies that value that sort of thing make a lot of money. Generally, people who make a lot of money want to live in nice areas. Nice areas become expensive as housing gets bid up by high earners.
- the_cyber_pass 10y agoNice is relative. People who make a lot of money want things relative to their interests. Areas become more expensive due to poor planning from civil servants more than Google salaries. NYC, DC, Boston, Atlanta, Austin, London, Brussels and Berlin are all cities which are also working on "solving hard problems" but they don't have nearly the cost of living problems that SF has.
- JimboOmega 10y agoAlso, people who make a lot of money, especially in a given field (like tech) tend to want to live with each other, which really exacerbates the problem in markets that resist change (like SF). Of course, allowing huge office towers to go up but refusing residential development doesn't help.