[eli_gottlieb]

On the one hand, everything you've said is more-or-less correct. On the other hand, there's an additional problem: as long as cities suppress the construction en masse of affordable housing, every attempt to raise salaries mostly just ends up raising rents, leaving employees only a tiny bit better-off than before.

[morgante]

Agreed 100%. Honestly, saner housing regulations in SF & NYC would do a lot more to ease the tech shortage than allowing in more H1Bs.