I hope this spurs a nice tech ecosystem for Ohio--it's been dominated by insurance and medicine for a long time.
Yeah. The region isn't known to attract or retain tech talent.
> Depending on where they're moving from, they might take a pay cut.. Ohio is very cheap to live in
The thing with Cost of Living is that the biggest expense is typically housing. And if you bought the house, it means the biggest expense is... building equity into an asset you can sell afterward.
Keep in mind the engineer who purchased a 2 million house in Palo Alto can sell it for two million, and then move to Ohio to a much cheaper house purchased in cash. The reverse isn't true.
It might not be the well known bay/NYC/Austin but it has a vibrant scene for the population.
This is all stuff I've been doing or using constantly even with the pandemic. Some stuff like taking advantage of public amenities like hiking trails have become an even stronger habit of mine, thanks to the pandemic. I'm one to opt to walk to the local store, feel a product in my hands and decide to buy it, vs ordering from Amazon, something you can only do if you live somewhere dense enough to sustain these local stores. Even getting an uber to come out to a Columbus suburb is going to be a process; they are probably going to just deny your ride if you aren't doing an easy couple mile bar hop around OSU or the Short North/downtown area or going to the airport.
Cost of living is low relative to the west coast and high relative to a lot of places in Asia, so it really depends on who you're talking about.
Nevertheless, Tokyo is a metro of 40 million people, with national importance that's equivalent to slamming NYC, LA, and SF together into one region. That its rent has managed to stay this low is a result of zoning that's practically the opposite of the US: density by default, rather than density as exception.
I’ve travelled to enough cities that it is basically an amusing part of my checklist to hear why Area Man is mad about housing prices going up.
I could procedurally generate possible scapegoats at this point.
The bigger question is why none of these $34k a year PhDs did move to USA before. I bet, even a floor sweeper at an Intel fab gets more.
A floor sweeper delivering max 1 particle per m^2.
Having a big university in a more urban setting is very nice (posting from the Twin Cities with the University of Minnesota centrally located).
I'd imagine most people would want a pretty significant pay raise to move to somewhere like Ohio, but they are nearby Ohio State University, so maybe they'll get local talent.