[SmellTheGlove]

Spot on. I'm director-level on the east coast (not NY, DC or Boston, although I came from DC). While I could probably see a 50% raise going to Silicon Valley, that wouldn't even come close to keeping me whole unless I'm supposed to stuff my family into an apartment. That said, I'm not sure what more the tech firms can do - wages are already really high out there and they're pressing the cities to let them build more housing (as in, not permit more housing in general, but that they'd even foot the construction) and the cities aren't going for it. At some point if a geographic area says no more growth, its time for businesses to pack up and go elsewhere.