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As someone who lives in the outer bay area, pay for jobs hasn't really gone up at all in the last 8 years, but the tech industry has really pushed the cost of l
by imagetic 8y ago
As someone who lives in the outer bay area, pay for jobs hasn't really gone up at all in the last 8 years, but the tech industry has really pushed the cost of living up a lot. I can't say I've noticed a drop in pay outside of the media industry since that's what I work in. And a lot of that has to do with the cost of gear now and the supply is so high buy the demand hasn't grown that much.
Most of my neighbors are contractors / construction workers. Nobody I know can fathom buying a home. But until last year things were fairly stagnant for them. There is a lot more construction going on now, but it's mostly to turn homes we can't afford into vacation rentals.
- mlindner 8y agoThis is because zoning laws largely prevent additional housing construction. Converting existing housing isn't blocked however so converting them to vacation rentals makes sense economically.