Maybe Treating Housing as an Investment Was a Colossal Mistake

Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by bdangubic on Monday March 06, 2023 @08:57PM (#35050546)

You say this as if getting a fully remote job that pays $175k is easy to come by… I’d guess that most people making $300k in high-priced areas would take this paycut to $175k every day of the week and twice on sunday if they were offered

[ Parent | on HN ]

Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by 4m1rk on Tuesday March 07, 2023 @01:36AM (#35052290)

This just doesn't make sense to me. The employer can hire two instead of one while getting the same performance. Supposing we're not talking about 8+ hours timezone difference, it's much more valuable than just having someone physically in the office!

[ Parent | on HN ]

Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by deroanth on Tuesday March 07, 2023 @11:29AM (#35057271)

I keep wanting to think this way as well, but then I am reminded that there are more costs for a position than just the salary most of the time. Lots of administrative overhead. I don't know actual numbers, but it's probably more of a conversion of one position into two for 30-40% of the salary at best.

[ Parent | on HN ]