“$6,000 a month to rent ‘something decent’”...…….
Are those same people living beyond their means? Perhaps they need to downsize to something they can actually afford or move out of SF.
move out of SF.”””
THAT is really their only option.
I keep waiting for the companies that hire all these people to realize that IF they had that facility in Alabama or Arkansas, or such, they could pay far less because the cost of living for those employees would be far less.
IF I were younger, I would seriously think about using my life long experience in bookkeeping/accounting to start a company that researches other locations in the USA & post comparisons on a website. Perhaps the real exodus from California will then occur.
It isn’t how much money an employee GROSSES. It is how much $$$ they have after paying living expenses & taxes that tells me how much life they can enjoy.
IF I am making $100,000 gross, paying 39% to Obama’s taxing plan & then paying 9.3% to California, that is 48.3% right there. Who the hell in their right mind can defend living in the Bay Area after you re paying that much in income taxes?