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by oddlyaromatic 3155 days ago
It is already much cheaper to import services and hire people who don't live in SV. But somehow companies continue to locate themselves there. Presumably the opportunities for profit outweigh the costs imposed by the high cost of living etc. Unions might reduce profits a little (or not, depending on the impact on worker productivity) but these companies have shown they will pay big premiums to attract the most capable workers.

But unions must of course think about these things and understand their ACTUAL bargaining power. Detroit sounds like that mark was missed.