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It's also true that better paying jobs are just more common in higher COL areas so the net effect of the higher pay is diminished by the ridiculous costs of hou
by rtkwe 3y ago
It's also true that better paying jobs are just more common in higher COL areas so the net effect of the higher pay is diminished by the ridiculous costs of housing etc. in major cities.
- lotsofpulp 3y agoThere is also value in having more jobs available to you in case you lose your current job. I suspect that is a big variable in people’s calculations, volatility of income. It is a huge risk moving somewhere that is economically stagnant.
- rtkwe 3y ago100% that's why people keep moving to cities despite all the issues they may have with them and the (sub)urban living standards, it's just way easier to get another job when your company decides to kick you to the curb.