News for hackers. Stuff that matters.

A comment on Employees Who Stay in Companies Longer Than Two Years Get Paid 50% Less (2014). Parent comment

Re:Employees Who Stay in Companies Longer Than Two Years Get... by throwaway7ahgb on Thursday June 06, 2024 @07:53AM (#40596322)
Urban area crime reduction starting around the 90s led to most movement back. The dual income job requirements just make it stickier and create a feedback system of higher housing prices. (which require more dual incomes...)

As soon as that dual income want kids and can afford it on a signal income in suburbia, they'll take it most of the time.

Just my .02

[ Parent | on HN ]
Re:Employees Who Stay in Companies Longer Than Two Years Get... by ghaff on Thursday June 06, 2024 @09:22AM (#40597109)
When I graduated grad school in the late 80s, almost no one I knew went to live in an urban core other than a fair number of NYC finance folks--and few of the non-finance jobs were in a city proper. Even the New Yorkers, almost everyone migrated out to suburbs over time. I think I knew maybe one couple who stayed in Manhattan.
[ Parent | on HN ]