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mpsassaro, I have the same concerns.
I think it depends on what your occupation is and where your current salary is in terms of the NY market. If your salary is at the median, you might have some wiggle room in NC in terms of getting paid on the higher end. If you're at the high end already, then you might end up having to use more equity (if you're selling a home).
From what I understand about Charlotte, it's one of those metro areas where business can get away with underpaying. And it's not unlike cities like Denver or Sacramento where salaries tend to be hush-hush in order to keep them low. The good news is that people from New York and California are relocating there, and will be demanding higher wages. And if Charlotte wants to keep pace with cities like Atlanta and Houston in terms of a strong and diversified economy, businesses will begin to pay up.
If you don't mind saying, what do you do for a living?
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