Re:Tech Hubs Are Losing the Talent War to Everywhere Else
by JumpCrisscross on Saturday December 23, 2023 @01:52PM
(#38746894)
> an average of 450 days
To put this into perspective, this adds 5% to the cost of a project in financing alone [1]. That’s $70,000 for a median home [2], about half of the city median household income [3]. Half of a household’s production in an entire year, just in delays.
To put this into perspective, this adds 5% to the cost of a project in financing alone [1]. That’s $70,000 for a median home [2], about half of the city median household income [3]. Half of a household’s production in an entire year, just in delays.
[1] https://home.treasury.gov/resource-center/data-chart-center/...
[2] https://www.redfin.com/city/17151/CA/San-Francisco/housing-m...
[3] https://www.census.gov/quickfacts/fact/table/sanfranciscocit...