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These cost of living calculators are severely flawed. It fails to capture that RSUs form a significant % of compensation in the Bay Area. It also fails to captu
by dmode 9y ago
These cost of living calculators are severely flawed. It fails to capture that RSUs form a significant % of compensation in the Bay Area. It also fails to capture the exponential impact of high dual income. Also, fails to account for rapid income gain from real estate appreciation. Finally, fails to account for the ability to switch jobs quickly and climb corporate ladder.
- jjeaff 9y agoThe average silicon valley programmer is not taking advantage of the rapid gain improperly values. On the contrary, they can't afford to buy so they rent... And their rent goes up every year as values skyrocket.