[ghaff]

The other thing that goes on is that some number of people want to live (and get well-compensated for living) in certain expensive coastal cities. And they hate the idea that companies might decide that they're not going to crowd into those places so dogmatically any longer if people can productively mostly work remotely.

[Tade0]

I'm currently temporarily in a place where people also crowd and salaries are on par with those expensive coastal cities.

I see where they're coming from because it's still somewhat surreal to me, but I want to go home.

Which brings me to another point: there's something off about this. Most of the cost of living compensation appears to address the cost of real estate, which is artificially inflated in the first place.

Why do companies still do that if all they achieve is pumping the local housing prices even more?