employees don't have enough bargaining power to push wages up, so FAANGS only need to pay a 50% premium for wages, relative to other parts of the country. The

employees don't have enough bargaining power to push wages up, so FAANGS only need to pay a 50% premium for wages, relative to other parts of the country. The decision makers who decide where people work would rather have the convenience of not getting on an airplane than saving 50% on Labor cost.