Re:U.S. Changes Visa Process for High-Skilled Workers
by AYBABTME on Thursday January 31, 2019 @03:00AM
(#19043235)
Not really, there's cities all over the world with conditions that lead to crazy high real estate/housing costs. Most every metropolis ends up with a similar situation. Slightly different settings that all sum up to "high demand low supplies". NYC, London, Vancouver, Hong Kong, Tokyo, ...
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Re:U.S. Changes Visa Process for High-Skilled Workers
by ben_w on Thursday January 31, 2019 @06:41AM
(#19044086)
SF is an outlier compared to London. From expatistan.com:
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area:
SF: $3,663 (£2,789) London: £1,766 Difference: 58%
Re:U.S. Changes Visa Process for High-Skilled Workers
by foldr on Thursday January 31, 2019 @09:55AM
(#19045094)
Worth noting that the difference there is exaggerated somewhat by the unusually low value of the pound at the moment.
Re:U.S. Changes Visa Process for High-Skilled Workers
by onlyrealcuzzo on Thursday January 31, 2019 @12:24PM
(#19046557)
Worth noting that tech workers in London make about 1/2 to 1/3 of what they do in the Bay.
Re:U.S. Changes Visa Process for High-Skilled Workers
by foldr on Thursday January 31, 2019 @01:13PM
(#19047142)
It might be worth noting in another context, but tech worker salaries don't determine London rents.
Re:U.S. Changes Visa Process for High-Skilled Workers
by ben_w on Thursday January 31, 2019 @02:33PM
(#19047935)
The unusualness of the pound is about 10%, +/- the usual variations, isn’t it?
Re:U.S. Changes Visa Process for High-Skilled Workers
by foldr on Friday February 01, 2019 @07:28AM
(#19053553)
Depends on what period you're considering:
https://www.macrotrends.net/2549/pound-dollar-exchange-rate-...
If you take 1.6 USD = 1GBP as typical of recent times, then it's more like 20%.