I think the issue is you keep saying 'cheap' labor and a 'crash'. It might be better to qualify your statement as SV/FAANG salaries may adjust down, but for the

I think the issue is you keep saying 'cheap' labor and a 'crash'. It might be better to qualify your statement as SV/FAANG salaries may adjust down, but for the vast majority across the US salaries will likely go up. I would also bet that many in SV will happily take 80% of their salary if they can live anywhere they like.