4 ms·
Yeah but salaries are far lower than SF.
by Mikeb85 8y ago
Yeah but salaries are far lower than SF.
- lainga 8y agoPrecisely. Many of my peers reacted to the news of Amazon coming to Vancouver with "yeah, but at Vancouver salaries".
- phil248 8y agoWho cares about a bigger salary if most of the difference gets directly deposited in your landlord's bank account?
- Judgmentality 8y ago> most of the difference Well this varies from person to person, but in my experience most senior tech employees in the Bay Area are making much more than they would elsewhere, enough to offset the difference and put a lot more in their bank account each year. I currently make several times what I was making in the last city I worked.
- derefr 8y agoHaving 1/3rd of $100k is more spending money than having 1/3rd of $50k. Prices for things that aren't rent, don't change by market. You can buy more smartphones, donate more money to charity, whatever you want.
- Mikeb85 8y agoBecause after paying local expenses, you're left with more money to buy things that aren't priced according to the local market. Same reason it's worthwhile living in a rich country versus a poor one. I pay far more in rent and for food than someone in, say, Ethiopia, but what remains allows me to purchase more things anyway.
- asteli 8y agoFor whom? The people threatened by a dysfunctional housing market aren't the the people pulling 100k+ wages as information workers. Vancouver's minimum wage is $13.85 CAD, so like 10USD? That's not 3x lower than what a service sector employee is making in SF.
- deleted 8y ago[deleted]