4 ms·
I wonder what impact the Bay Area's cost of living and out of control housing prices had on this. I believe the tech scenes in other cities like LA, Seattle, N
by Old_Thrashbarg 10y ago
I wonder what impact the Bay Area's cost of living and out of control housing prices had on this. I believe the tech scenes in other cities like LA, Seattle, NYC, Austin, etc have higher growth rates than the Bay Area.
- TuringNYC 10y agoHuge impact. Housing costs put a floor on acceptable salaries. Even if you go way out to San Jose or beyond, the housing costs and resulting monthly mortgage makes pushes minimum salaries into mid-150s for the most meager of family accommodations. I haven't moved from NYC to SF/SV for that singular reason.