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by trhway
2178 days ago
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> The fact is that big tech companies are almost never using the H1B as intended. Google, Facebook, Apple, Amazon, and all of them are hiring (using the H1B) for roles that could in 99% of cases be filled by Americans. It would just drive up costs significantly if foreign workers were not added to the labor pool. The data is all public and plain for anyone to see. >The price of real estate in the Bay Area is also currently a zero sum game. So, it sounds like you're saying that if Google hired Americans it would pay them more. Then wouldn't those supposedly higher salaries result in the prices of the Bay Area housing market increasing even more? |
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Are most of the people currently buying houses in those areas software engineers?
If not, then we would see the true market value of software engineers vs others such as lawyers/finance/doctors who have a much more closed system of competition(regulatory domestic barriers such as domestic licensing/local market specific licensing and regulations)
That's even with keeping the potential num of people in area the same. In likelihood, it drops and these companies are forced to expand/create their other US offices or outsource some of the work to 3rd party companies.
All of which is good for the wider US citizenry.