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Reply to "Facebook announces that remote WFH employees will have salaries decreased to match local COL"
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[quote=Anonymous][quote=Anonymous]The problem with accepting the lower pay in a low COL area is that you aren't building as much equity in your house so in 15 or 30 years you would own a 2 million dollar house in Silicon Valley vs a 500,000 house in Austin or Raleigh. That extra 1.5 million would have been paid by Facebook. [/quote] Yep. And if you ever want to advance and for some reason they decide a permanent remote worker is worth becoming senior management, then you'll need to relocate back to Facebook hub offices. You think you're priced out now? LOL You won't even be able to qualify for a mortgage for SFH of any kind within 3 hours of SF if you're gone for too long.[/quote]
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