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Re:The Silicon Valley paradox: one in four people are at ris... by verroq on Thursday December 14, 2017 @08:46AM (#15922171)
Clearly not enough are leaving because otherwise the pay will naturally rise.
Re:The Silicon Valley paradox: one in four people are at ris... by jorgemf on Thursday December 14, 2017 @09:36AM (#15922490)
If the pay rises more will come. Things are not that simple
Re:The Silicon Valley paradox: one in four people are at ris... by rblatz on Thursday December 14, 2017 @10:20AM (#15922897)
It’s almost like that’s how the market is supposed to work! The price moves around until demand and supply match.
Re:The Silicon Valley paradox: one in four people are at ris... by notthemessiah on Thursday December 14, 2017 @12:48PM (#15924441)
The job market doesn't necessarily behave the same as commodity markets: http://www.aaronsw.com/weblog/keynes
Re:The Silicon Valley paradox: one in four people are at ris... by crdoconnor on Thursday December 14, 2017 @11:06AM (#15923325)
Right. Everybody is charging for scarcity.

Some people charge for the use of the labor they do with their own two hands.

Other people are simply charging for the scarcity of land which they didn't create or make valuable, but were granted the exclusive right to use by the government.

Re:The Silicon Valley paradox: one in four people are at ris... by jorgemf on Thursday December 14, 2017 @12:18PM (#15924142)
That is my point. It doesn't solve the problem