[encoderer]

There is a pervasive idea that developer salaries in sf and other tech cities only cover the rents, etc. Not at all true. Thousands and thousands of career developers making great wages. It’s not VCs driving real estate prices.

[phendrenad2]

It is true, the salaries keep going up and the rent goes up to match it.

[rhizome]

There's a saying that wage increases are absorbed by landlords.

[kridsdale1]

Not everyone has rents that can rise.

[spannedtheusa]

Rent in SF has been going down a little last I checked.