> I don't want to live in Seattle (which I could barely afford anyway-- I like owning a house).
My understanding is that if companies were more spread out, then compensation would also be lower because there's less competition for employees. With compensation also being lowered, wouldn't you just be in the same situation because while real estate is more expensive in Seattle, salaries are higher too?
As salaries increase, the real estate near those companies will naturally increase. I don't see why having companies be spread farther out would change this relationship.
I live in Seattle but grew up in the suburbs and also sometimes miss living in a house (mainly because I play piano). But even my friends who live in the suburbs are struggling to save up to own a house, so as far as I can tell it's not any different. If anything, it's even better working in the city because as far as I can tell it's easier to save money since even if you save the same percentage of income you would make more.
My understanding is that if companies were more spread out, then compensation would also be lower because there's less competition for employees. With compensation also being lowered, wouldn't you just be in the same situation because while real estate is more expensive in Seattle, salaries are higher too?
As salaries increase, the real estate near those companies will naturally increase. I don't see why having companies be spread farther out would change this relationship.
I live in Seattle but grew up in the suburbs and also sometimes miss living in a house (mainly because I play piano). But even my friends who live in the suburbs are struggling to save up to own a house, so as far as I can tell it's not any different. If anything, it's even better working in the city because as far as I can tell it's easier to save money since even if you save the same percentage of income you would make more.