Earlier quoted context omitted.
What are you going to do if your company makes an adjusted cost of living to your compensation? My company is already advising people to come back near our address due to tax reasons.
If you get a cost of living adjustment, you still live in a place with much lower cost of living which gives you way more flexibility. If 50% of income goes to rent, you burn right through your savings if you want some time off.
Ask HN: Newly Remote Workers – Where Are You Moving?
201–210 of 282 posts
Re: Ask HN: Newly Remote Workers – Where Are You Moving?
#202Earlier quoted context omitted.
If you start a trend and the cost of living goes up, it will cause some tension.
Exactly, a lot of people move into small towns and then unintentionally create tension with locals because they have purchasing power that is 3 to 20x anyone in the surrounding area. Most people don't factor in envy when they move someplace.
Re: Ask HN: Newly Remote Workers – Where Are You Moving?
#203You would have to be insane to move because you've recently been given remote work privileges, especially in the middle of a recession caused by an ongoing pandemic. Companies provide remote work options all the time and once you move they ask you to come back into the office out of the blue thenlay remote workers off if they cant come back into the office. The other thing you need to keep in mind is a lot of the pla…
>"If you move and work remote be extremely careful, dont assume you're welcome anywhere in the countrh a lot of places are filled with backwards luddites who hate anyone in STEM fields. Yes, this is a real thing." I imagine if that's your attitude then you are pretty much guaranteed to experience that wherever you choose to move. Even another big city.
Re: Ask HN: Newly Remote Workers – Where Are You Moving?
#204Chattanooga most likely. My company is doing 85% base salary with no adjustment to RSUs. Tennessee is a great place to save money due to 1) no state income tax, 2) no capital gains taxes, and 3) low cost of living. I estimate I’ll be able to save ~$100k more per year than I currently am in the Bay Area. Plus Chattanooga is known for having some of the fastest internet in the country, rolled out by the city a few year…
Re: Ask HN: Newly Remote Workers – Where Are You Moving?
#205We tried to move to Santa Cruz. My significant other grew up near there and desperately wants to be near her friends again. Turns out, all the Bay Area peeps wanted to do the same. Rents haven’t gone down there and the competition is really fierce. (“Honey, what if you got a job at Looker/Google?! We could be in Santa Cruz forever!!!”) Started thinking about moving to Denver... But, I don’t really want to move yet. S…
Re: Ask HN: Newly Remote Workers – Where Are You Moving?
#206I'm surprised no one has mentioned Phoenix yet. Folks are definitely flooding in that's for sure. Housing prices were already climbing for years but now they're rocketing. Maricopa County is the fastest growing in the US.
Re: Ask HN: Newly Remote Workers – Where Are You Moving?
#207Earlier quoted context omitted.
If you get a cost of living adjustment, you still live in a place with much lower cost of living which gives you way more flexibility. If 50% of income goes to rent, you burn right through your savings if you want some time off.
Or, you change jobs :)
Re: Ask HN: Newly Remote Workers – Where Are You Moving?
#208Re: Ask HN: Newly Remote Workers – Where Are You Moving?
#209Earlier quoted context omitted.
> but I can equally make a case why moving to a city to pay high rent prices seems kind of dumb. No one moves to a city to pay high rent prices. The higher rent is a tradeoff that you make for certain benefits of living in a big city (which may or may not be worth it for each individual). My point was that when you move to a remote location purely for the lower cost (which people do), you're making another set of tra…
It seems the people making out most are the ones moving back in with their parents. Rent free and social interaction.