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There aren't enough people employed in tech for their escape from SF to raise cost of living meaningfully across the globe. There are enough places to live in
by clarry 6y ago
There aren't enough people employed in tech for their escape from SF to raise cost of living meaningfully across the globe. There are enough places to live in (with no shortage of real estate), so bring it on.
And I think there'll be more desirable cities to live in in the future if remote work becomes the norm across fields where it is possible. People will start to liven up locations that nobody would otherwise look at as long as the jobs aren't there.
- pmiller2 6y agoDo you know why there are enough places to live? Because nobody wants to live there. That's why you can buy a 4BR house in Allamakee County for $115k: https://www.realtor.com/realestateandhomes-detail/304-Highway-51_Postville_IA_52162_M80326-97633?view=qv https://www.realtor.com/realestateandhomes-detail/304-Highwa... And, yes, maybe there are not enough software developers in SF, NYC, Austin, and other tech hubs to drive up prices, but this move will certainly drive down compensation. I have a hard time believing such a move would end up being good for workers.