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Less people to do things involving less educated labor (flipping burgers, building houses, delivering packages, etc) will increase prices. That higher income wi
by flukus 9y ago
Less people to do things involving less educated labor (flipping burgers, building houses, delivering packages, etc) will increase prices. That higher income will be meaningless.
- VLM 9y agoSome actual numbers IBEW local 82 journeyman electricians union rate in Ohio $29.05/hr IBEW local 234 journeyman electricians union rate in California $71.36/hr Of course I'm not sure the education level or IQ of the typical electrician is much different than than the typical software developer with respect to the lower education specification; however it does seem likely that labor costs in CA for similar work are currently about 147% higher than Ohio costs. According to Zillow "The median home value in Salinas is $436,900" and "The median home value in Dayton is $57,300" for a journeyman electricians income, you'll be one of the poorest people in the highest crime neighborhood in CA, or live in one of the nicest neighborhoods in the city if you live in Ohio. Given the choice of top or bottom 10% of neighborhoods and amenities, I'd certainly rather live in Ohio. This probably cascades thru every career path.