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by TulliusCicero 2777 days ago
People who with more settled lifestyles are often already settled, though. So even if you wanted them, you don't have as much access.

> older "top talent."

Older top talent often has the resources to actually buy houses even in expensive areas, anyway.

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> Older top talent often has the resources to actually buy houses even in expensive areas, anyway.

Maybe at the toppest-top, but it's a struggle for anyone with even a high normal-range income to buy a home in the Bay Area.

This means they are underpaid ( which I am pretty sure quite a few people in tech are ):

- LIC Queens high rises have 2/2 rentals that go for $17k/mo. ~ 1200sq feet. High floors. Ok views. Ok buildings. - In Manhattan those are $22k-$30k/mo in newer buildings and $15-20k/mo in older hifg rises.

They aren't full of tech bros. They are full of finance and attorney bros. I have an acquaintance that lives in one. He is one of the portfolio managers for one of the hedge funds. He is a salary only manager. By the standards of NYC apartments qualification, it means his take home after taxes has to be at around 65k/mo as proven by his tax returns for last two years.