4 ms·
This is missing something that I think is (literally) the most important change since the baby boomers: job tenure. People used to stay at their jobs for deca
by webwright 13y ago
This is missing something that I think is (literally) the most important change since the baby boomers: job tenure.
People used to stay at their jobs for decades or their entire lives. Nowadays, what's the average job tenure? 2 years or less in tech, a touch more outside of it. So how much do you want to constrain your next job search to a commute-radius of your home (hint: research the relationship between commute distance and happiness before you answer)?
People are more mobile nowadays. My rule of thumb with real estate is "If I can't rent it out for more than the mortgage + 1% of purchase price (avg. maintenance), I will not buy a house".
(disclosure: I own two homes with mother-in-law apartments-- both are currently rented and profitable while I travel the world for bit)