4 ms·
Yes, there is that. I keep being surprised that major employers keep paying the SV surtax to employ engineers in the Bay area rather than in cheaper places. I
by johan_larson 10y ago
Yes, there is that.
I keep being surprised that major employers keep paying the SV surtax to employ engineers in the Bay area rather than in cheaper places. I understand these organizations need to keep people in the Bay area, sure. It's the center of the industry; it's where a lot of new things happen. But do they need so many people within a half-hour of HQ?
Seems like an obvious place to cut costs.
- ghaff 10y agoI get that companies want to have an SV presence but you can do that and limit your headcount there. I also get that some people really value the ability to hop jobs to other geographically close employers but options (which is effectively what we're talking about here) have some upper value. I expect it will all self-correct. There is new housing coming on line. There is some upper limit to the premium companies will pay and some lower limit to the squalor software engineers will tolerate to live in SF. Market corrections can certainly happen.