4 ms·
I moved away from the bay area, because housing is the problem. Or at least housing + transit. The reason labor is expensive is because housing is expensive, w
by Eridrus 8y ago
I moved away from the bay area, because housing is the problem. Or at least housing + transit. The reason labor is expensive is because housing is expensive, which is totally unsurprising because everyone's cost to live there is high.
Sure, if tech workers stopped living there then there would not be as significant a problem, because housing prices would have to fall.
On one hand, spreading work around the country/world is good, on the other hand there are real productivity gains by having people in physical proximity, as we can see from the fact that cities are the most productive parts of the world.