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Only if you don't know how many more jobs there are in SF that pay well enough to afford that than there are in other places.
by Bud 6y ago
Only if you don't know how many more jobs there are in SF that pay well enough to afford that than there are in other places.
- chiefalchemist 6y agoIf salaries don't need to reflect local cost of living, it seems that salaries will be subject to change. Fairly soon?
- readhn 6y agothat's an excellent point!!
- Bud 6y agoYou're assuming that salaries are not also impacted by the immense amount of wealth being generated by the Silicon Valley economy, though. And you're also assuming that housing prices will radically change, which I don't think is guaranteed even in the medium-term.
- chiefalchemist 6y agoThat's not what this article and others are saying. That is, people are leaving and housing is falling. Also, much of the appeal comes from bars, restaurants, boutiques, and such. Those too are falling off the map. I'm not assuming anything.