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We are losing employees right and left b/c of Bay Area cost of living
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Date: February 27th, 2017 6:17 PM Author: smoky mind-boggling macaca house Our firm only has about 65 people, we pay really well, and we've lost 5 in the last 6 months who were all moving out of the area because they just could not afford to live here. They moved to New England, Chicago, Denver, LA and Kansas City. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714284) |
Date: February 27th, 2017 6:26 PM Author: Boyish hell That's not that much turnover for 65 Employees |
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Date: February 27th, 2017 6:39 PM Author: slate lascivious area Wrong (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714398) |
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Date: February 27th, 2017 7:34 PM Author: alcoholic swashbuckling immigrant For non-sociopaths, that's a lot.
It's just that most of us are used to companies run by sociopaths who fire people a lot and and are so awful to work for that the quit rate is high as well. |
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Date: February 27th, 2017 8:00 PM Author: citrine mischievous business firm dingle berry Cr. That proportion of ppl have left my firm this year alone. I was also like nbd but it is for a normal Place I guess (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714912) |
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Date: February 27th, 2017 9:29 PM Author: Boyish hell I worked in a 12 employee firm where 8 of the workers quit in less than a year (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715475) |
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Date: February 27th, 2017 6:29 PM Author: slate lascivious area "we pay really well"
"we've lost 5 in the last 6 months who were all moving out of the area because they just could not afford to live here."
ROFL YEAH BRO YOU GUYS PAY REALLY WELL |
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Date: February 27th, 2017 8:35 PM Author: walnut concupiscible turdskin (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715140) |
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Date: February 27th, 2017 8:36 PM Author: Mildly Autistic Chad (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715150) |
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Date: February 27th, 2017 8:39 PM Author: scarlet goyim (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715170) |
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Date: February 27th, 2017 8:41 PM Author: Vivacious emerald gaming laptop jap tbf, even like 300k is barely breaking even if you live in a decent area with kids (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715194) |
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Date: February 27th, 2017 9:06 PM Author: bright halford (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715354) |
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Date: February 27th, 2017 9:32 PM Author: tantric base (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715506) |
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Date: February 27th, 2017 6:50 PM Author: slate lascivious area (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714465) |
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Date: February 27th, 2017 6:52 PM Author: Ungodly Cream Parlour Private Investor I don't really get why companies that aren't willing to pay crazy salaries locate in SV. Yes, I get the ridiculous argument that the best talent lives there, but IRL, many people are looking to run somewhere cheaper and now that remote work is becoming common, if you get some crazy guy who LOVES SV and wouldn't live anywhere else you can just let them work remote from their 300 sq ft studio. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714482) |
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Date: February 27th, 2017 7:36 PM Author: alcoholic swashbuckling immigrant > I get the ridiculous argument that the best talent lives there
That's not even true anymore.
10 to 15 years ago, the best programmers were in the Bay Area. These days, they're all over the place and there isn't a real concentration, but the smarter engineers have figured out that they're not going to get rich in bullshit startups. So, while some of the good engineers have stayed, the bulk of the young talent has avoided the Bay Area... although no credible alternative has emerged. |
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Date: February 27th, 2017 7:42 PM Author: Passionate lake temple It's not even about the best programmers. It's where the entire tech VC industry is, that's the real problem. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714823) |
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Date: February 27th, 2017 7:44 PM Author: alcoholic swashbuckling immigrant Exactly right. The programmers are pretty lame. Most of them are mediocre and could be replaced by people in another location at a fraction of the price. However, it's not only the place with the most VC, but it's only the place where you can easily create bidding wars among VCs and get terms that aren't absolute shite. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714834) |
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Date: February 27th, 2017 7:35 PM Author: amethyst mewling degenerate deer antler why not let them telework? (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714791) |
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Date: February 27th, 2017 7:56 PM Author: Adulterous resort newt (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714890) |
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Date: February 27th, 2017 8:55 PM Author: Blue aromatic mad cow disease (TTT asking himself why he never got anywhere in life) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715288) |
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Date: February 27th, 2017 7:43 PM Author: Dashing Whorehouse Is it true that 1 bedrooms in SF cost like 4k?
If that's the case then those FB and Google starting salaries don't even look that great. I mean it's not bad for just out of UG money, but when you factor in the higher tax bracket and the COL considerations, it's like making 80k in some places. |
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Date: February 27th, 2017 7:47 PM Author: fantasy-prone doobsian plaza no. https://www.trulia.com/for_rent/37.70163135025,37.811970360265,-122.50815490355,-122.33237365355_xy/0-2500_price/13_zm/ (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714844) |
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Date: February 27th, 2017 7:52 PM Author: Dashing Whorehouse "$2500 room for rent."
That would imply a $5000 2br, $7500 3br, etc.
That seems in line with the price I mentioned for 1brs... |
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Date: February 27th, 2017 7:53 PM Author: pearl field https://en.wikipedia.org/wiki/Economies_of_scale (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714872) |
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Date: February 27th, 2017 7:54 PM Author: fantasy-prone doobsian plaza you cherry picked one listing that is a single room. there are plenty of apartments in that link that are 1 beds or studios for around 2.5k. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714879) |
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Date: February 27th, 2017 7:58 PM Author: Passionate lake temple For all his bluster and comical cynicism due to his own autism pensive is right on wrt housing prices. 2.5k gets you a shit studio/1br in a convenient area or decent 1BR in the hinterlands (a big issue in SF due to the shit public transit--literally more convenient to live in parts of the east bay than near SF state or something). 4k is a bit much unless you're targeting nice places, but 3k in SF is basically the threshold for "not shitty" in the areas people want to live.
Like I said though, all the single people make prices out of whack as the construction is old and from an era where actual families lived in apartments. A decently nice 3BR might be 4.5k |
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Date: February 27th, 2017 8:07 PM Author: fantasy-prone doobsian plaza seems like taking a ferry to work from Oakland would be pretty chill actually (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714954) |
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Date: February 27th, 2017 8:35 PM Author: Hairraiser confused institution (Oakland hipster standing in freezing windy rain for an hour waiting for ferry) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715136) |
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Date: February 27th, 2017 8:40 PM Author: Vivacious emerald gaming laptop jap (also gets raped and murdered while returning hoem from ferry one day) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715182) |
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Date: February 27th, 2017 9:02 PM Author: mauve coldplay fan cr, plus much smaller dating pool, shit BART hours (or at least used to be...I haven't been on BART in ~8 years), and he has to move when his company goes BK or gets acquired and his new job is in SV. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715334) |
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Date: February 27th, 2017 9:07 PM Author: fantasy-prone doobsian plaza fine then lets just gas everything (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715359) |
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Date: February 27th, 2017 10:13 PM Author: mauve coldplay fan Acquire wife and move to the south bay (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715820) |
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Date: February 27th, 2017 9:16 PM Author: Azure friendly grandma (Guy who wouldn't know freezing rain if it whipped his gay stubbly warby parker wearing face) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715415) |
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Date: February 27th, 2017 9:29 PM Author: citrine mischievous business firm dingle berry Freezing rain in Oakland ljl (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715477) |
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Date: February 27th, 2017 9:29 PM Author: Vivacious emerald gaming laptop jap man anything under 50 is basiclaly freezing ok? (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715482) |
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Date: February 27th, 2017 9:31 PM Author: citrine mischievous business firm dingle berry (nude bodybuilding ferry rider) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715496) |
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Date: February 27th, 2017 9:32 PM Author: Vivacious emerald gaming laptop jap (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715504) |
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Date: February 27th, 2017 7:48 PM Author: Passionate lake temple I have friends who are at top tech companies and had roommates until 28-30 when they eventually moved out to get an apt with their gf. You can pay 3k for an OK 1br or 4.5k to split a 3BR which actually has some space. Prices are comically skewed because of all the single people (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714848) |
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Date: February 27th, 2017 7:48 PM Author: alcoholic swashbuckling immigrant > Is it true that 1 bedrooms in SF cost like 4k?
That's about right for the East side. The West is cheaper but gets a lot of fog, which isn't really a big deal but California people tend to complain and think 55 is cold.
> when you factor in the higher tax bracket and the COL considerations, it's like making 80k in some places.
It's comparable to $80k in Boston or DC. It's comparable to $50k in ARE country.
Also, Silicon Valley hours are terrible: you'll get fired if you work 9-to-5 while the H1-Bs and boot camp grads slamming Red Bulls are working 90-hour weeks. |
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Date: February 27th, 2017 7:46 PM Author: heady red blood rage theater stage Should just relocate the big sv companies to Detroit or Cleveland just buy the city (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714841) |
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Date: February 27th, 2017 8:00 PM Author: Light soul-stirring round eye They're working on it re:Detroit
Microsoft just relocated to Downtown |
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Date: February 27th, 2017 8:32 PM Author: heady red blood rage theater stage Some of these people and companies could buy entire neighborhoods like a semi urban version of Hank Scorpios town (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715124) |
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Date: February 27th, 2017 8:41 PM Author: scarlet goyim (Dan Gilbert) (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715187) |
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Date: February 27th, 2017 8:37 PM Author: walnut concupiscible turdskin (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715151) |
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Date: February 27th, 2017 9:27 PM Author: massive exciting principal's office associate Those cities are too big. But what about Youngstown? (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715469) |
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Date: February 27th, 2017 8:08 PM Author: At-the-ready stock car piazza Sure but think of all the poor Mexicans who might get displaced if you gentrify the city by building more houses (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32714958) |
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Date: February 27th, 2017 8:36 PM Author: Hairraiser confused institution Ljl the bay area is so fucked when the tech bubble pops (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715144) |
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Date: February 27th, 2017 8:39 PM Author: Passionate lake temple not really
This is nothing near as bad as 2000 and it recovered from that just fine. You'll see the usual 25-30% price dip and that's about it |
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Date: February 27th, 2017 8:39 PM Author: alcoholic swashbuckling immigrant Unfortunately, the NIMBYs will be fine so long as All-Cash Foreign Criminals (ACFCs) keep buying. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715174) |
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Date: February 27th, 2017 9:04 PM Author: Blue aromatic mad cow disease MAF poormo (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715340) |
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Date: February 27th, 2017 9:06 PM Author: alcoholic swashbuckling immigrant Indeed, but I don't hate all rich people. Just shitty, undeserving ones like the boomers who wrecked the housing market and the overseas mafiosas who become all-cash real estate buyers. (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715352) |
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Date: February 27th, 2017 9:30 PM Author: racy really tough guy pit In other words, you hate all rich people (http://www.autoadmit.com/thread.php?thread_id=3538255&forum_id=2#32715489) |
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Date: February 27th, 2017 9:30 PM Author: racy really tough guy pit LOL
Get the fuck out of my state, foreigners |