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A comment on Do you really want to be making this much money when you're 50?. Parent comment

Re:Do you really want to be making this much money when you'... by pyre on Saturday October 06, 2012 @09:33AM (#4620471) 

  > The demand (and hence average salary) in SF for
  > programmers would go way down
Wouldn't this be detrimental to the SF area, considering as the high cost of living? I realize that cost of living will probably lower to meet what people can afford, but not without growing (or shrinking) pains, I imagine.
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Re:Do you really want to be making this much money when you'... by hindsightbias on Saturday October 06, 2012 @11:24AM (#4620739)
Detrimental for whom?

The changes to the cost of living are primarily a function of the now thousands of google and apple commuters. Not that that is stopping them from complaining when they wonder why moving up to a 2BR costs $4k/month now.

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Re:Do you really want to be making this much money when you'... by pyre on Saturday October 06, 2012 @03:07PM (#4621370)
The growing pains associated with pay not meeting (or barely meeting) the cost of living.
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Re:Do you really want to be making this much money when you'... by eru on Saturday October 06, 2012 @10:25AM (#4620603)
The effects on the cost of living would be harder to predict, I believe. Because even if you have less wealthy individuals, if they are more of them, they will still drive prices up.

Perhps, for say land or houses, people will still pay the same price or more per square meter. But they will get by with less area.

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