I agree, mostly. The bottom is still decently high even in Midwest cities. But if you’re making $140,000 + RSU/Bonus/Etc., someone from somewhere else will do that job remotely for $100,000 easy.
But I would characterize this as a wealth distribution, and overall net positive for the country. People who don’t have the opportunities to work at the top companies in the Bay Area or NYC or Boston now have better access. And the wages flow to those different areas.
But I would characterize this as a wealth distribution, and overall net positive for the country. People who don’t have the opportunities to work at the top companies in the Bay Area or NYC or Boston now have better access. And the wages flow to those different areas.