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by bartedinburgh 3177 days ago
I suppose the idea is to work in SV for a couple years while you're still young and healthy, rack up as much cash as you can while living quite frugally, then move to a cheaper place, buy a house for cash (or at least have a solid downpayment), and have no problem finding a job since you have X years of relevant experience at top-tier companies.

The result of fleeing middle class is that you have a city with a strange mix of very wealthy individuals (who can afford the high COL) and very poor people (who cannot afford to move out).

1 comments

> then move to a cheaper place

There is a significant emotional cost to leaving behind everybody you know, moving to a new place where you know nobody, and have to build new local social and professional networks. Making a long-term plan where paying that cost is factored into your current decision is naive at best.