Re:Do you really want to be making this much money when you'...
by daladd on Saturday October 06, 2012 @10:00AM
(#4620530)
> The demand (and hence average salary) in SF for programmers would go way down
I think you mean the supply would go way up, and thus the market-clearing salary for new hires would go way down.
Also (all other things being equal) the number of programmers employed would go up as the equilibrium shifts to a lower-wage, higher-number-employed point on the demand curve.
I think you mean the supply would go way up, and thus the market-clearing salary for new hires would go way down.
Also (all other things being equal) the number of programmers employed would go up as the equilibrium shifts to a lower-wage, higher-number-employed point on the demand curve.