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Reply to "How many friends or family of yours have left the DC area recently due to the rising cost of living?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The other issue to consider when moving to smaller, less expensive cities is whether you are willing to give up decision-making at work, or essentially becoming staff even in a senior role in a smaller city. If you are nearing retirement, then giving up the decision-making element isn't so bad. If you're younger, I would not relinquish that so quickly. Maybe downsize one's expectations, or buy a studio here and the house in Richmond or Baltimore. Commute home weekly. [/quote] Yep. I'm in finance and while there are a lot of people who go on about how much better life is in Cleveland, Tampa, Dallas or Salt Lake - where you can move with my bank without having to apply for a new job locally - the jobs being sent there are very much back office/support functions to the NYC operation. Some people are fine with that but it's not for everyone. I think if you want to move to a secondary market, you're better off finding a job with a company that is headquartered in that secondary market or at least that region, instead of going to a branch office that'll always be an after thought. Of course we've had people who've had tremendous problems finding jobs in places like Denver bc local companies are seeing the influx of outsiders and giving preference to UColorado grads/locals etc. Of course this isn't true in every industry; if you're a doctor/nurse, you can pretty much pick your city.[/quote] This is really too company-specific to be true. I made far more decisions now that I moved to the Midwest. I am the General Counsel here instead of a lowly associate in a firm (they get to make zero decision). Here I make all the legal decisions and have input on all the business decisions. I have far more responsibility and there is no NYC HQ to hover over me.[/quote]
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