On Feb 21, 2008, at 7:42 AM, W Evans wrote:

> Therein lies the problem in the Bay Area Dan. How much is proximity  
> to all those great places/people/companies worth? Assume you live in  
> a city with a base cost of living index of 100, pay 1800 per month  
> for rent or mortgage, and make $100K -- and the same job in SV/SF  
> pays $100K, but the cost of living index is 132, you can naturally  
> see why it would cause huge shortages. Of course - in good times  
> like these - SF grows in our sector faster than most other regions b/ 
> c of all the access to capital to fund new ideas.
> I would seriously consider moving someday, but not for an effective  
> pay cut.

I think you have to think about it as an investment in your career.  
It's always better in the long run to be a big fish in a big pond than  
a big fish in a small pond. In an area with limited mobility between  
good jobs, you are likely to eventually hit a ceiling and its  
accompanying salary cap. In places like SF/SV, Tokyo, London, New  
York, etc. the ceiling is much higher. So yes, initially, you are  
screwed by the cost of living, but eventually, because of the  
connections you make and the mobility you have, you will likely do  
better in the long run. That's the hope, at least. :)

Dan
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