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Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

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21–30 of 294 posts

Re: Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

#21
post #2

I think the migration out of the bay will make it a more reasonable place to live. We do have some of the best weather in the world. I'm going to gamble on staying. Hopefully this isn't like detroit.

San Diego and LA have SFBA easily beat in terms of weather.

Of course but bay is still one of the best in the world.

Also the bay encompasses more than SF, while SF and daly city have notoriously foggy weather, the rest of the bay area is quite good.

Re: Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

#22

The prices of bay area homes aren't dropping still. Looks like this migration is still temporary.

Home prices tend to be pretty sticky downwards especially for anyone who hasn't already had significant appreciation. (Though admittedly, a lot of homes in the Bay Area have appreciated a lot unless they were purchased recently.)

That said, I expect most people leaving are those who were renting, perhaps because they couldn't afford to buy. Now they're either renting somewhere cheaper or they're possibly buying if this was something they were thinking about anyway.

Re: Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

#23
post #2

I think the migration out of the bay will make it a more reasonable place to live. We do have some of the best weather in the world. I'm going to gamble on staying. Hopefully this isn't like detroit.

> We do have some of the best weather in the world.

Certainly some of the sunniest in the English-speaking world. Personally (as an ex-Londoner), I overheat a lot and actually miss a good rainstorm from time-to-time - but your evaluation does line up with most people's, I think.

Let's just gloss over the increasingly-common smoke from wildfires... :)

Re: Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

#25

Are companies going to start adjusting salaries for people who move (this makes zero sense to me, the value you add most likely doesn’t change because of where you live)? That’s where this gets weird... people move to these better-to-live places and then all the employers decides to pay them less because of location. Then you just push up housing prices with salaries that slowly reset over time to be cost of living a…

Pay for software engineering will contract because it turns out programming is not that difficult and there was nothing special about the sf set except their need to cover stupid high rents.

Re: Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

#26

Are companies going to start adjusting salaries for people who move (this makes zero sense to me, the value you add most likely doesn’t change because of where you live)? That’s where this gets weird... people move to these better-to-live places and then all the employers decides to pay them less because of location. Then you just push up housing prices with salaries that slowly reset over time to be cost of living a…

>(this makes zero sense to me, the value you add most likely doesn’t change because of where you live)? Price is the intersection of supply and demand. A buyer will ask a seller to accept a lower price if they think the seller is willing to accept a lower price. A seller might accept a lower price if they don't think they can get a higher price. You are paid $X because the buyer couldn't find someone willing to accep…

> and you accepted $X because you couldn't find someone to give you $X+1.

My buddy accepted $X -($X *.8) = $Y because the company offering $Y was doing something ethical. Point being there's far more variables at stake here to over simplify.

Re: Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

#28
post #18

Are companies going to start adjusting salaries for people who move (this makes zero sense to me, the value you add most likely doesn’t change because of where you live)? That’s where this gets weird... people move to these better-to-live places and then all the employers decides to pay them less because of location. Then you just push up housing prices with salaries that slowly reset over time to be cost of living a…

Facebook announced that they'd be adjusting employee salaries by new home location at the start of the new calendar year, I think. Some more distributed companies like Salesforce have been adjusting compensation for years when employees move from the Bay Area to other office locations.

Didn’t they adjust it not based on COLA but on what the talent market is in that region? That’s making it explicitly market based, although that obviously includes a cost of living component.

Re: Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

#29
post #2

I think the migration out of the bay will make it a more reasonable place to live. We do have some of the best weather in the world. I'm going to gamble on staying. Hopefully this isn't like detroit.

San Diego and LA have SFBA easily beat in terms of weather.

I feel like they're both at the level where it's a minor tradeoff between fog and summer heat, and for me fog is the clear choice.

Re: Tech Workers Take to the Mountains, Bringing Silicon Valley with Them

#30
I recently came across this fellow who sold everything and bought a Ghost Town in Cerro Gordo, CA. He runs his business/startup from there remotely.

Some of the most beautiful sunsets and surroundings you can imagine.

Awesome Channel.

Ghost Town Living

https://www.youtube.com/channel/UCEjBDKfrqQI4TgzT9YLNT8g

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