5 ms·
I'd argue the opposite. Cost of living is higher because it's nicer, aka the "sun tax". Startups therefore have to pay more because it's nicer.
by phamilton 12y ago
I'd argue the opposite. Cost of living is higher because it's nicer, aka the "sun tax". Startups therefore have to pay more because it's nicer.
- krenoten 12y agobusts out the Korzybski - any time you get Aristotelian with equivalences you almost certainly step in a pile of truthless crap, so let's become a little more respectful of language. Housing and rental prices roughly approximate demand. "nicer" differs from demand by virtue of passing through the filters of averaging and composition with myriad factors, which an individual may never fully comprehend. Preference often significantly differs from average. Complexity accomodates deviation. NYC far exceeds the complexity of the bay area, thus accommodating a far greater range of deviation from any such single metric :P