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A comment on Rents in Megacities Can't Go Up Forever. Parent comment

Re:Rents in Megacities Can't Go Up Forever by acchow on Thursday March 23, 2017 @07:19PM (#13945235)
I think you're describing a certain type of software company - one that doesn't have to answer to shareholders (Google, Facebook, Snap, etc) and thus behave according to what their leader and employees want. Most of the tech industry (including for example Apple and Amazon) isn't like this.
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Re:Rents in Megacities Can't Go Up Forever by mercutio2 on Friday March 24, 2017 @12:02PM (#13949828)
Why do you think Amazon and Apple aren't like this?

All of the big software houses compete for the same engineers, and they're all paying their incremental new engineers +/- 10% the same total comp across the experience spectrum.

I would agree with pascalxus, the big tech companies aren't price sensitive.

That doesn't mean the average engineer can easily finagle a drastically out-of-band salary, but the bands are already exceptionally high and grow faster than inflation in the aggregate.

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