But the property taxes paid by the companies are relatively trivial, as compared to the property taxes paid by the EMPLOYEES. Shouldn't the property taxes paid by the employees be what's shifting employees to other cities?
Of course, you could argue that the salaries are raised to compensate for cost of living, but then you're back to saying that the companies are footing the bill anyway, and apparently happy to keep doing so.
Incidentally, property taxes are fairly low in the Bay Area. My house cost more than 5x what my sister's house in Ohio did, but my property taxes are less than half.
Of course, you could argue that the salaries are raised to compensate for cost of living, but then you're back to saying that the companies are footing the bill anyway, and apparently happy to keep doing so.
Incidentally, property taxes are fairly low in the Bay Area. My house cost more than 5x what my sister's house in Ohio did, but my property taxes are less than half.