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The ultimate outcome, no matter what companies do, is that tech workers just won't live in big cities any longer. If remote work is an option, then paying high
by koheripbal 6y ago
The ultimate outcome, no matter what companies do, is that tech workers just won't live in big cities any longer.
If remote work is an option, then paying high rents just doesn't make sense.
Moreover, as this trend continues, the ultimate outcome is not US workers moving to low-cost locations, it is foreign workers supplanting US workers in extremely low cost locations.
- wrkronmiller 6y agoI don't buy this. > If remote work is an option, then paying high rents just doesn't make sense. I live in NYC because I like NYC, not because the pay is higher. I took a net pay cut after rent, taxes, etc after moving here from Maryland, in spite of getting a substantial pay rise. I suspect that's not uncommon. > the ultimate outcome is not US workers moving to low-cost locations, it is foreign workers supplanting US workers in extremely low cost locations. This was already on the table. Generally speaking, you get what you pay for.
- sethammons 6y agoyeah, to each their own. You would have to pay me an order of magnitude more than I make now to get me to work in NYC.
- koheripbal 6y ago> This was already on the table. Generally speaking, you get what you pay for. Right, but now companies are a LOT more comfortable with it than before, and have the tools, the management training, and the executive buy in to accelerate this.