3 ms·
Consider how much of the pay of well-paid big Corp talent goes to real estate rentiers in the Bay Area. 30% of base? That’s almost greater than the US gov’t’s
by perfmode 9y ago
Consider how much of the pay of well-paid big Corp talent goes to real estate rentiers in the Bay Area.
30% of base?
That’s almost greater than the US gov’t’s cut.
- usaar333 9y ago> 30% of base? From various data points I have, average is around ~33% post-tax, 22% pre-tax of base. > Consider how much of the pay of well-paid big Corp talent goes to real estate rentiers in the Bay Area. For sure, it's a lot - but when all these high payed folks have such high value of time, housing in areas near work/fun places are going to be bid up.
- perfmode 9y agotreating the problem as an inevitability is taking the easy way out.