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Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

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Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#101
post #85

Earlier quoted context omitted.

Mind sharing more?

Hot as hell. More humid than hell half the time, oddly dry the other half.

Sure it's hot and humid, thankfully everything is Air Conditioned and I'm in the pool every night.

No public transportation means no public transportation that smells like urine. Since housing is so cheap everyone has nice cars.

Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#102
post #12

I get that you work with what you have (in this case, a corpus of job postings), but a ranking that places Baltimore in the top three tech hubs fails the sniff test. CBRE has a better list here (email registration wall): https://www.cbre.com/research-and-reports/Scoring-Tech-Talen... I'm biased in that it places Atlanta unusually high, but overall it is a better, less surprising ranking: Bay Area Seattle New York Was…

As a former Baltimore resident, what exactly makes you think Baltimore fails the sniff test? For example, Johns Hopkins University is IIRC the highest-funded research-focused university in the USA. (Edit - adding link to support above : Johns Hopkins leads U.S. universities in research spending for 37th consecutive year : https://hub.jhu.edu/2016/12/07/research-spending-hopkins-nsf... )

Isn't Johns Hopkins a medical university? Not exactly a Silicon tech hub.

Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#103
post #100
post #56

Earlier quoted context omitted.

Also: no income tax. If it's introduced, people will leave in massive droves, because as nice as those things are, 6 months of rain every year is not everyone's cup of tea

http://www.npr.org/2017/07/17/537645901/legal-challenges-exp... Seattle is very progressive, and highly in favor of income tax.

Nah. Seattle is really faux progressive, thankfully. Two of the world's richest people peacefully coexist with a massive (and growing) population of homeless people, and all those Hillary-votin' rich yuppies will run away the moment they're forced to put their money where their mouth is. 2.25% tax in Seattle itself is already being contested. And state income tax is not really possible as it requires two thirds majority.

Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#104

Reasons for Seattle: 1) take a long shower 2) wash your car 3) water your lawn 4) cheap electrical rates 5) enjoy the outdoors 6) awesome IPA's 7) pot is legal 8) great culture 9) moderate weather as global warming progresses downside - traffic is horrible. That is my take as a long time Seattlite.

Been here 12 years and while I agree with those things (not that I care for IPA or weed), there are HUGE major cons:

-Traffic is quickly becoming worse than all cities in the US and the tunnel nightmare will not solve that (many projections say it will make it worse)

-Local and regional bureaucracy is far worse here than comparable west coast cities

-Massively regressive taxes due to no state income tax (consumption taxes disproportionately levy the burden on poor people, and regional small business taxes/fees/etc are incredibly bureaucratic here in comparison to other areas, though the state laws are favorable)

-NIMBYism is just as bad here as it is in SF, and worse in some areas

-As a result of the above, property values are skyrocketing at rates faster than some areas of SF. My $230k townhome in the middle of a "bad area" bought 4 years ago is worth $500k+. This is ridiculous. There is no reason I should have experienced a 100% ROI windfall for simply accidentally timing the market for housing.

Heroin epidemic is especially bad here, Seattle City Police have been investigated and busted by the US DOJ in the past, high school education has serious redlining going on which encourages private schooling (which is insanely expensive here), and so forth.

I love it in Seattle but it's very much moving the same way SF is, and in many ways, trending much worse.

Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#105
post #103
post #100

Earlier quoted context omitted.

http://www.npr.org/2017/07/17/537645901/legal-challenges-exp... Seattle is very progressive, and highly in favor of income tax.

Nah. Seattle is really faux progressive, thankfully. Two of the world's richest people peacefully coexist with a massive (and growing) population of homeless people, and all those Hillary-votin' rich yuppies will run away the moment they're forced to put their money where their mouth is. 2.25% tax in Seattle itself is already being contested. And state income tax is not really possible as it requires two thirds major…

State income tax will also be met with the largest employers here expanding to other municipalities and states that play by their favorable rules. I worked at one of the tech giants in management consulting and they have had contingency plans to ship stuff to Austin the minute taxation became more of a burden on income.

Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#106
This is not US only phenomenon. Agglomeration externalities create large productivity differences and it seems that they are constantly being underestimated.

Cities have higher productivity than other areas and larger cities have much higher productivity than smaller cities (in the developing world). Cities are like brains where bigger city thinks qualitatively better.

Housing constraints in larger cities put limits to the aggregate growth. Recent paper: "Housing Constraints and Spatial Misallocation, Hsieh and Moretti." http://eml.berkeley.edu//~moretti/growth.pdf

>We quantify the amount of spatial misallocation of labor across US cities and its aggregate costs. Misallocation arises because high productivity cities like New York and the San Francisco Bay Area have adopted stringent restrictions to new housing supply, effectively limiting the number of workers who have access to such high productivity. Using a spatial equilibrium model and data from 220 metropolitan areas we find that these constraints lowered aggregate US growth by more than 50% from 1964 to 2009.

Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#107

Move to Round Rock folks! You can get a 4000 sq.ft. home, a half acre yard and a pool for less than a San Francisco studio. You pay $4000 a month to rent a 1 bedroom? You can rent a whole house here for half of that. Pay is the same if you just ask. Too many jobs and not enough local people to fill them.

Texas is a hot and humid political mess. At least in Colorado, your vote won't go to waste.

Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#108

Earlier quoted context omitted.

Yeah, theres something wrong here. It put Orem/Provo on the list when all of the tech jobs in Utah are actually further north. Mainly in Lehi and Salt Lake City.

Utah County is definitely the center of the Utah tech boom. Between UVU and BYU there are lots of small college-fueled startups in Orem/Provo, and many more mature companies formerly based in SLC are moving farther south, at least to Draper/SoJo if not over the point of the mountain. This move has been underway at least since the mid-oughts, but it has accelerated lately after Adobe's investment in the Thanksgiving P…

I'm guessing the reason so many companies are in Utah County is because of tax incentives, but it's still weird to me. I would think that it's harder to attract talent to an office in Provo, seeing as the stereotypical tech worker is probably going to prefer living in SLC where there's less Mormon influence and more going on socially.

Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#109
post #51

Earlier quoted context omitted.

Cheap housing and long travel times are not enviable at all.

As far as long travel times go, trains can be good because you can take your laptop and it's usable time to work on your own projects, watch a movie, play games etc. I'd be more concerned (with zero knowledge of washington) over whether or not the train + connections would take me near most of the tech jobs.

There is a cost to having to commute more than an hour to work compared to living 5 minutes to work by walk. Once you try the difference you won't go back unless there are serious economic differences between the two choices.

Re: Higher-paid, faster-growing tech jobs are concentrating in 8 US hubs

#110

Earlier quoted context omitted.

As a former Baltimore resident, what exactly makes you think Baltimore fails the sniff test? For example, Johns Hopkins University is IIRC the highest-funded research-focused university in the USA. (Edit - adding link to support above : Johns Hopkins leads U.S. universities in research spending for 37th consecutive year : https://hub.jhu.edu/2016/12/07/research-spending-hopkins-nsf... )

Isn't Johns Hopkins a medical university? Not exactly a Silicon tech hub.

Johns Hopkins has a medical school. But they have other schools too!
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