I don’t even see how it’s a realistic place to start out as a new college grad anymore either. If you don’t have a friend in a rent-controlled multi-bedroom hou

I don’t even see how it’s a realistic place to start out as a new college grad anymore either. If you don’t have a friend in a rent-controlled multi-bedroom house who can let you move into an open room, you’re unlikely to find rent for a decent price. A crappy house costs about a million here. If you have that kind of money, why not just buy something in cash somewhere else or just move to another city like Seattle or Denver or Austin where you can make 80% of the income for a fraction of the cost of living and taxes? I don’t think the differential income really makes up for the cost of living, taxes, or quality of life. We absolutely have to be approaching or beyond the breaking point where it stops making sense for a lot of new college grads to want to move here. I have a friend who just started at Google but lives 3+ hours away... that’s crazy. Once workers stop wanting to live in the Bay Area, tech companies will have to shift hiring (even more) than they already have. I know at the company I work for they have been pushing more new hires to Austin.