Re:The seeds of the next housing crisis have been planted
by eli_gottlieb on Monday May 09, 2016 @08:30PM
(#11664394)
We're a hardware and firmware shop. Our work equipment is a physical piece of silicon on my desk.
Yes, we could switch to a remote-work model, but that would make logistics significantly harder (some of the stuff we work with is proprietary and confidential) and destroy our terrific team spirit.
Re:The seeds of the next housing crisis have been planted
by toomuchtodo on Monday May 09, 2016 @08:40PM
(#11664436)
Could your company not be headquartered in Des Moines, IA? Chattanooga, TN? The list goes on of affordable non-1st Tier cities.
Re:The seeds of the next housing crisis have been planted
by eli_gottlieb on Monday May 09, 2016 @08:43PM
(#11664445)
>Could your company not be headquartered in Des Moines, IA? Chattanooga, TN?
Well, some of our largest clients are at MIT and Brandeis Universities, so no, it couldn't. Network effects regarding availability of customers, expertise, and capital are a thing.
Re:The seeds of the next housing crisis have been planted
by toomuchtodo on Monday May 09, 2016 @08:55PM
(#11664508)
Then you've got to raise prices to support paying your employees enough to live in high cost locations. If they're not willing to pay rates to support that, then you can't offer the service (or you need to find employees who are willing to work in less than ideal work conditions like excessive commuting on personal time).
Market forces at work.
Two hours at every time of the day? Unusual shift times could help.
The problem is firms (managers) are not great at adapting to these new problems, instead they pump a lot more money into hiring (spending a lot on headhunters, recruiters, "technical sourcers" and so on), and then put a lot of money into the employee's hands and then they with the same smooth move put it into the landlords' pockets, which then goes to fuel the asset bubble.