Tech CEOs predicting WFH will be permanent, and many employees will never come to an office again

[Anonymous]

Anonymous wrote:Out the door just went every tech bros dream of relocating. Can you imagine what would happen if you moved to Boise, Idaho and your salary was reduced to $80K?

Well, what if you wanted to move back to San Francisco for an awesome job opportunity or get a rental for your kid in college?

You might get the salary bump but you would never been able to afford the down payment for a mortgage and the banks looking over your finances in underwriting would deny your application so fast.

You move out of the Bay Area, you will never afford to get back even if you wanted to.

You can live in this area comfortably at 80k with no debt.

80k in Idaho is like $150k here. That’s still pretty good living. I’d take 80k in Idaho with land and a nice house over a shitty run down condo in DC. #justsaying

[Anonymous]

Anonymous wrote:

Anonymous wrote:Out the door just went every tech bros dream of relocating. Can you imagine what would happen if you moved to Boise, Idaho and your salary was reduced to $80K?

Well, what if you wanted to move back to San Francisco for an awesome job opportunity or get a rental for your kid in college?

You might get the salary bump but you would never been able to afford the down payment for a mortgage and the banks looking over your finances in underwriting would deny your application so fast.

You move out of the Bay Area, you will never afford to get back even if you wanted to.

You can live in this area comfortably at 80k with no debt.

80k in Idaho is like $150k here. That’s still pretty good living. I’d take 80k in Idaho with land and a nice house over a shitty run down condo in DC. #justsaying

Yes, you'd take it -- the issue is you're beholden to the company that hired you there for such a 'high' salary. It limits you because no local companies (if you can even find one) will match it, and you need to not only find a major employer that is looking for another remote employee but also in your specialty.

[Anonymous]

The best way to go about this is to move to a LCOL area that's close to an airport.

[Anonymous]

Anonymous wrote:The best way to go about this is to move to a LCOL area that's close to an airport.

Most areas that have a low cost of living are not around major airports. If you don't live near a major airport, the travel time would suck. If you are ok doing that every month or so, then sure.

[Anonymous]

I’d do this for sure. I’m a Bay Area transplant. It sucks there.