Well of course you had to meet in person to get business done.
What's happening is that the word is getting out to the engineers: SV is too expensive a place to be, even at GoogleMicroUberAmazon pay rates. The gold rush is over.
> SV is too expensive a place to be, even at GoogleMicroUberAmazon pay rates.
Sample size of one, but this is true for me. I'd really like to come back to CA, but I make 6 figures already, and a 3600 sq ft house is only like $400k here. I don't see what SV has to offer except a larger market for opportunities, but I'm in my mid-30's, so I'm worried that I'm not really a target demographic for SV employers.
Pretty sure at Uber and Google pay rates (esp. Uber, but also Facebook), SV is what I'd describe as affordable.
Microsoft and Amazon, not so much, to say nothing of the majority of other tech companies that aren't well known as the top paying three companies out here.
It boggles me why California doesn't push for tech development in the cheaper parts of the state. Plenty of places in NorCal could siphon off the Amazon and Microsoft pool as well as attract other outside talent.
It turns out that living in SF or Palo Alto is a big part of their recruiting pitch, believe it or not. The social signaling of saying you work in SoMa means so much in materialistic Bay Area social life.
What's happening is that the word is getting out to the engineers: SV is too expensive a place to be, even at GoogleMicroUberAmazon pay rates. The gold rush is over.