I think lots of young people would rather live there, but when you have a high value skill, things like 'affordable housing' aren't a big deal when you make 250k/yr vs 90k.
I think lots of young people would rather live there, but when you have a high value skill, things like 'affordable housing' aren't a big deal when you make 250k/yr vs 90k.
It's not just about how much I make, that reaches diminishing returns relatively quickly.
It also matters how well other people, not in tech live. I got tired of all the homelessness around me caused by low wages and high rents. I got tired of all the drug abuse that happens as a result of that hopeless situation. I got tired of all the crime that follows.
I want to go back to a society that works, not just a dystopian hell scape where I can be rich.
Having a lifestyle that costs more per-month than your income is stupid and unsustainable; it's unlikely he has that much money saved to live that way for the rest of his life. So, at best, he'll have a bunch of cash to pay for a nicer place to live if he decides to purchase something (and if so, he'll still have to pay higher taxes and living costs out of his current income).
Basically, he has a really nice retirement savings now. He's probably not going to be living like a king.
I mean you do you, but you're really describing a problem that doesn't exist outside of SF, LA, and Seattle.
Come to think of it, if only it would be possible to do a swap. Half a mil a year to live in SF sounds harsh but worth the risk.
You're not going to get everyone, but you only need a relatively small number of highly-talented people to make your company successful.
> Nima Momeni, the man accused of murdering Cash App founder Bob Lee, stabbed him three times with a kitchen knife on a dark San Francisco street after Momeni confronted Lee about Lee’s relationship with the suspect’s sister, city prosecutors alleged Friday.
https://www.sfchronicle.com/crime/article/nima-momeni-arraig...