[closeparen]

Jaw dropping pay is inextricable from the jaw dropping Bay Area housing market. Standard white-collar pay for Bay Area-only roles is a pretty bad deal, and most tech workers would be better off learning something else. But standard white-collar pay with the geographic distribution of other white-collar work (i.e. any mid-sized and up metro is fine) would be a perfectly good equilibrium.

[nox101]

It's arguably more expensive in West Los Angeles (where tech is in LA). Most articles compare LA to SF but LA is giant. If you lived in La Verne (cheap), the east most side of LA, your commute to tech companies on the West Side would be 2 to 3hrs.

Looking at Rent Cafe:

SF: $3267

Santa Monica: $3956

Venice: $3844

Playa Vista: $3726

Marina Del Rey $3896

These are all places near Meta, Google, etc....

I don't know if the "coliving" thing has hit SF yet but in LA on the west side it's all over the place. "Coliviing" where they rent out individual bedrooms for $2500-$3500 a month and you share the living room and dining room. It's like having a roommate except you have have lock on your bedroom door and no choice who your roommates are (and no responcibility if they don't pay their rent).

[baby_souffle]

> I don't know if the "coliving" thing has hit SF yet

There was a startup for just this a few years ago. Home share is what it was called.

[ehnto]

Makes you wonder if these mega corporations wouldn't be better off lobbying to resolve the housing crisis instead of paying more in salaries.