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Re:San Francisco Tech Firms See Workers Flee from $4,500 Rents by im_down_w_otp on Tuesday April 05, 2016 @06:04PM (#11434927)
The difference in competitive salary for me between SF and PDX (where I live) is ~$70k.

Which you have to pay yearly, not as a one-time discounted cost. In fact even down at the very, very low-end of tech-related jobs (~$50k in PDX) the difference between SF and PDX is ~$18k.

There is literally no shape of tech-oriented business you could operate where having to spend only $15k per employee when they're onboarded isn't a net financial benefit compared to having to pay SF-area competitive salaries for the same positions.

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