3 ms·
Rent, obviously Of course a Bay Area employee needs to be paid more, their rent is insanely higher than the rent of employees in the NL
by Biganon 3y ago
Rent, obviously
Of course a Bay Area employee needs to be paid more, their rent is insanely higher than the rent of employees in the NL
- lazyasciiart 3y agoOk. So the salary difference should be the difference between the monthly median rent: for a 1 bed apartment that’s $1500/month cost difference, double it for taxes and fuzzy math, salary increase of $36k/year. Maybe it should cover “the median rent”, whatever size unit that is, so $1500 in Amsterdam vs $4k in SF: +$60k. Or should it cover buying a 3 bedroom house, though? That’s more like an extra $8k/month for SF, so salary difference is +$190k. This kind of detail is where it falls down. Should people be able to purchase the same goods, or the same relative local position in society? https://www.ktvu.com/news/in-bay-area-0-of-homes-were-cheaper-to-buy-than-rent-study-says https://www.ktvu.com/news/in-bay-area-0-of-homes-were-cheape...