> Given the removal of the need to move to a High-COL area to work for a FAANG-type or FAANG-aspiring company I don't really like nor understand this Col thing

> Given the removal of the need to move to a High-COL area to work for a FAANG-type or FAANG-aspiring company I don't really like nor understand this Col thing. Most of what's used to derive such metric is the cost of housing... except when you buy a house you are also building equity in it (and you get the cash value plus capital gain when you sell). It's just disguised compensation.