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> so they can pay market rate for the area, which is now set by the big companies and is insanely high as a result of the housing crisis. Are you saying that t
by balfirevic 7y ago
> so they can pay market rate for the area, which is now set by the big companies and is insanely high as a result of the housing crisis.
Are you saying that the scarcity of housing is the cause of big companies' high compensations?
- cactus2093 7y agoYes, it definitely is. There are obviously a lot of factors, and scarcity of engineering talent is a big one that makes it all possible. But the reason these numbers are so astronomically high, as in significantly higher than these same companies would pay the same engineer in another city, is because of housing prices due to the shortage.