Re:Facebook Median Pay now $240k
by f00biebletch on Monday April 30, 2018 @01:30PM
(#16960507)
Great point, although said rent is being driven largely by FB and GOOG. I remember the first time I was outbid for a flat in 2016 when a small group of googlers paid cash for the entire first year of rent. I should have moved to Seattle that afternoon :)
[ Parent
| on HN ]
Ok, but I meant rent extraction in the economic sense https://en.m.wikipedia.org/wiki/Rent-seeking