On: Want a job in Silicon Valley?

[scarmig]

re:6

Isn't it?

I kid, I kid. Mostly. But the revealed preferences of where people choose to move and at what price does say a lot about places. Most people, given a choice of buying a nice house in Fargo or Macon for $150k or a nice house in San Francisco or Palo Alto for $150k, probably will go for the latter.

[potatolicious → scarmig]

A bit of a false dichotomy, no? The choices aren't necessarily Palo Alto vs. Fargo.

I moved out of SF about a year ago, I am now paying less for housing, in a better neighborhood, in Manhattan.

The alternative to paying ridiculous sums to live in SV/SF isn't a complete change in lifestyle.

[Glyptodon → scarmig]

Until they realize their $150k in SF or PA bought a 11'x11' one room shed with no bathroom or driveway anyhow.

[scarmig → Glyptodon]

I think you overestimate how far $150k will go in SF ;)

The point is about what people are willing to pay to live in an area, though. The fact that people are willing to pay so much more to live in the Bay Area is revealing.