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Tech workers consider escaping Silicon Valley’s sky-high rents

bloomberg.com

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Re: Tech workers consider escaping Silicon Valley’s sky-high rents

#61

Post by capableweb »

gonehome wrote: post #30
geddy wrote: post #17

Earlier quoted context omitted.

It's a damn shame, really, the slavish devotion to one's car and spending hours a day sitting in traffic apparently is apparently preferred over actually getting time back in your everyday life. It's like people have adapted to having no life outside of work, and now they're just so bored they'd rather lose that time than just find a new hobby or learn something. I don't think I've ever thought about anything more de…

They probably live really close to the office and the commute isn’t an issue. I’d also suspect that young people with no kids is not the dominant work from home demographic - I’d guess that would be middle aged people with kids.

> They probably live really close to the office and the commute isn’t an issue.

I spend about 1 hour going to work every day, and I do that because I want to work with those people, in that office. I could work remote, but we're (in the team) all more productive and have more fun when we share the same physical space, so we meet up in the office everyday to work together.

Re: Tech workers consider escaping Silicon Valley’s sky-high rents

#62

Post by driverdan »

aripickar wrote: post #8

I'm pretty bearish on the pandemic actually leading to massive change in the number of people permanently working from home. My boss put out a survey a week or two ago among my org (30 or so people), and 70% said that they want to work from the office, full time, 20% said some time or most of the time, and 10% said fully remote. And this is a group of people that would be largely well suited to working from home duri…

I've worked remote for a long time and agree with what you said. The company culture really needs to be focused on remote work for it to succeed. Remote first is far better than remote allowed.

Re: Tech workers consider escaping Silicon Valley’s sky-high rents

#65

Post by three_seagrass »

ransom1538 wrote: post #48
zaidf wrote: post #14

People won't continue making their current SF salary by working out of Farmville, Ohio. I think this point is missed by many I fully expect Twitter, for example, to come out with salary adjustment policies for people who want to work from home from an entirely different city and state

Salary based on your locale even though everyone is remote: hilarious. "Oh you live in Alabama you get 60k" "Oh you live in Manhattan on 65th street that is 150k". This will backfire into a political hell.

It's likely there will be a mean remote salary, to remain competitive - i.e. $110K remote and $150k on-site in SF.

Re: Tech workers consider escaping Silicon Valley’s sky-high rents

#66

Post by caseysoftware »

aripickar wrote: post #8

I'm pretty bearish on the pandemic actually leading to massive change in the number of people permanently working from home. My boss put out a survey a week or two ago among my org (30 or so people), and 70% said that they want to work from the office, full time, 20% said some time or most of the time, and 10% said fully remote. And this is a group of people that would be largely well suited to working from home duri…

I've seen/heard different numbers from elsewhere:

20% want to work from home permanently

20% want to get back to the office full time

60% want flexibility somewhere in between

Personally, I think the specific breakdown is less important than companies realizing that letting people be remote can improve work/life balance, reduces office space needs, and they have most of the infrastructure to support it.

As an industry, we still need to figure out mentorship and career development for remote/partially-remote teams, but I'm optimistic on that front.

Re: Tech workers consider escaping Silicon Valley’s sky-high rents

#67

Post by anoncareer0212 »

ardy42 wrote: post #53
geddy wrote: post #17

Earlier quoted context omitted.

It's a damn shame, really, the slavish devotion to one's car and spending hours a day sitting in traffic apparently is apparently preferred over actually getting time back in your everyday life. It's like people have adapted to having no life outside of work, and now they're just so bored they'd rather lose that time than just find a new hobby or learn something. I don't think I've ever thought about anything more de…

> It's a damn shame, really, the slavish devotion to one's car and spending hours a day sitting in traffic apparently is apparently preferred over actually getting time back in your everyday life. It's like people have adapted to having no life outside of work, and now they're just so bored they'd rather lose that time than just find a new hobby or learn something. I don't think I've ever thought about anything more…

This - I've lived both, intensely, and don't wish the mental effects of the Valhalla people seem to think remote work is on anyone.

If you've got a family, home, and you've hit the upper limits of your desired career development, I get it. But, you gotta think about how it would affect the career for someone coming into your workplace as a college grad.

Re: Tech workers consider escaping Silicon Valley’s sky-high rents

#68

Post by MattGaiser »

ransom1538 wrote: post #48
zaidf wrote: post #14

People won't continue making their current SF salary by working out of Farmville, Ohio. I think this point is missed by many I fully expect Twitter, for example, to come out with salary adjustment policies for people who want to work from home from an entirely different city and state

Salary based on your locale even though everyone is remote: hilarious. "Oh you live in Alabama you get 60k" "Oh you live in Manhattan on 65th street that is 150k". This will backfire into a political hell.

If everyone is remote, the salary will just generally be low, period.

Re: Tech workers consider escaping Silicon Valley’s sky-high rents

#69

Post by [deleted] »

mips_avatar wrote: post #29

I'm considering it. But I am pretty sure that once things open up, my office culture is going back to one where all the important decisions get made in the hallways after a meeting. Being remote in that scenario means you have no say, and you miss out on important information.

[deleted]

Re: Tech workers consider escaping Silicon Valley’s sky-high rents

#70

Post by shuckles »

gonehome wrote: post #39
dh5 wrote: post #15

Earlier quoted context omitted.

Not sure what the scam is. Sounds like normal supply and demand.

Forcing artificially low housing supply via legislation.

The land values are legit. That they cannot be amortized across many occupants is not.
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