83 percent of Bay Area renters plan to leave, says survey

Re:83 percent of Bay Area renters plan to leave, says survey by delphinius81 on Wednesday August 16, 2017 @11:29AM (#15028251)

Other cities with much better cost of living are gaining reputation in tech / start-ups and attracting talent (or just keeping the talent that went to school there).

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Re:83 percent of Bay Area renters plan to leave, says survey by sidlls on Wednesday August 16, 2017 @11:49AM (#15028432)

Really? Which ones?

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Re:83 percent of Bay Area renters plan to leave, says survey by jknoepfler on Wednesday August 16, 2017 @12:01PM (#15028554)

Minneapolis springs immediately to mind. Companies like Amazon are opening dev offices in medium-sized American cities now as well, because importing everyone into Seattle or Boston isn't sustainable. From my experiences in places like Minneapolis and Cincinnati, I'd project a pretty serious difussion of tech talent back into the Midwest.

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Re:83 percent of Bay Area renters plan to leave, says survey by sidlls on Wednesday August 16, 2017 @01:39PM (#15029466)

I've interviewed with "tech" companies in some of the cities you mentioned. The compensation was substantially lower than anything I can get in the Bay Area (by about a factor of 2 compared to my current compensation, for example). The CoL adjustment wouldn't be greater than the reduced savings rate.

These companies need to realize that the market rate for the kinds of engineering and talent they demand is set in the bigger cities, not their little slice of the Midwest. I understand why they're doing it, but for all the issues in the Bay Area the opportunities are still better than almost anywhere else and so is the pay.

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Re:83 percent of Bay Area renters plan to leave, says survey by icebraining on Wednesday August 16, 2017 @03:12PM (#15030263)

Amazon does have 29 positions open in Minneapolis. On the other hand, they have 187 positions in Palo Alto plus 185 in San Francisco. And 7260 in Seattle.

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Re:83 percent of Bay Area renters plan to leave, says survey by chadgeidel on Wednesday August 16, 2017 @03:55PM (#15030704)

Denver/Boulder. Google just opened a big office up here and there are several incubators here as well.

Housing costs are eye-watering from my perspective, but cheap for someone from SV or even Seattle.

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Re:83 percent of Bay Area renters plan to leave, says survey by vanattab on Wednesday August 16, 2017 @12:10PM (#15028634)

Philly, Columbus, Atlanta,Austin

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Re:83 percent of Bay Area renters plan to leave, says survey by notfromhere on Wednesday August 16, 2017 @02:57PM (#15030134)

Chicago

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