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It's the rate the market dictates.



The thing is, if more people are remote, the market includes people -outside- of SV.


The market already included people outside of SV (big companies have many satellite offices). That hasn't depressed SV compensation because the best engineers cost a lot of money anywhere you look.


This is essentially the same as saying "the sky is blue because it just is"


But in the end it is reality. The question is who is actually in a position to be able to modify it? Because, this rate was reached by the cummulative effects of many many individuals optimizing their decisions for their own particular situation.




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