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Old 01-17-2018, 01:33 PM
 
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Does high COL coincide to the fact their is jobs that have a higher then market salaries?

Example: Town has average job rate 10$ a hour /400 week. So COL is base on this wage. Everybody still have some funds left over to go eat dinner at red lobster. Rent around $300 and average food is $100 a week. So now google comes in offers $20 a hour /800 week. Since the Business and LL knows that the person got a huge pay check, they are now raising the rents to $600 and food is now $200. So why jack up the COL due to increase in a person pay check?
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Old 01-17-2018, 01:43 PM
 
Location: Boston
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It's best defined by a Monopoly game board. Depends what side of the board you can afford.
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Old 01-17-2018, 01:44 PM
 
Location: La Mesa Aka The Table
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Quote:
Originally Posted by hitpausebutton2 View Post
So why jack up the COL due to increase in a person pay check?
Capitalism
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Old 01-17-2018, 01:52 PM
 
2,772 posts, read 1,506,869 times
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Quote:
Originally Posted by hitpausebutton2 View Post
Does high COL coincide to the fact their is jobs that have a higher then market salaries?

Example: Town has average job rate 10$ a hour /400 week. So COL is base on this wage. Everybody still have some funds left over to go eat dinner at red lobster. Rent around $300 and average food is $100 a week. So now google comes in offers $20 a hour /800 week. Since the Business and LL knows that the person got a huge pay check, they are now raising the rents to $600 and food is now $200. So why jack up the COL due to increase in a person pay check?
Now, a new thread blaming Google (or another job provider) for your predicament?
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Old 01-17-2018, 01:52 PM
 
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Originally Posted by hitman619 View Post
Capitalism
So keeping the COL low in a high paying market does what to the market? Other then the consumer can actually eat and enjoy the extra funds?
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Old 01-17-2018, 01:52 PM
 
Location: Aurora Denveralis
3,078 posts, read 1,040,161 times
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Quote:
Originally Posted by hitpausebutton2 View Post
Does high COL coincide to the fact their is jobs that have a higher then market salaries?
Almost without exception.

Leading to that guy in your office who never stops bwitching about what hellhole this place is, and rhapsodizes endlessly about life in Cow's Butt, North Carolina... and can't reconcile that his salary, pension, benefits, family QOL, schools, medical care and consumer choices are all aspects of the hellhole... and all but absent/unobtainable down there in CB.

(A particular peeve of mine, sorry.)

Quote:
Originally Posted by hitman619 View Post
Capitalism
A sound and a word, signifying nothing... much. Nor very accurately.
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Old 01-17-2018, 01:53 PM
 
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Originally Posted by damba View Post
Now, a new thread blaming Google (or another job provider) for your predicament?
No. just a topic of general discussion. Go troll somewhere else if you cant contribute. It has nothing to do with my personal life or issues. General chat.. so again troll another forum.
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Old 01-17-2018, 01:57 PM
 
Location: Aurora Denveralis
3,078 posts, read 1,040,161 times
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Originally Posted by hitpausebutton2 View Post
So keeping the COL low in a high paying market does what to the market? Other then the consumer can actually eat and enjoy the extra funds?
You're basically wishing for the moon but don't want to have to store it in your back yard.

The forces that create a Seattle or San Francisco or San Jose are pretty evident. Concentrate enough high-end employees, who demand superior compensation, and local costs rise due to both competition (especially housing, which is finite and drives other costs) and because-we-can.

If you want to make $90k in a technology field, you are not likely to do it from, say, Hastings, Nebraska. Nothing much is going to change that dynamic no matter how much you'd like $50k in "disposable" income.
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Old 01-17-2018, 02:06 PM
 
2,360 posts, read 1,031,855 times
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Quote:
Originally Posted by Quietude View Post
You're basically wishing for the moon but don't want to have to store it in your back yard.

The forces that create a Seattle or San Francisco or San Jose are pretty evident. Concentrate enough high-end employees, who demand superior compensation, and local costs rise due to both competition (especially housing, which is finite and drives other costs) and because-we-can.

If you want to make $90k in a technology field, you are not likely to do it from, say, Hastings, Nebraska. Nothing much is going to change that dynamic no matter how much you'd like $50k in "disposable" income.
So joe is raising rent because he can ,now others LL will do the same because Joe is doing it? Goal is take much as possible from the person due the fact they have "disposable" income. Talking about highway robbery.. Easy terms its not hard to have a Low COL its just business wants to max out their retail fees because the person has a increase in salary. Then this drives out the person making $10 a hour now..
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Old 01-17-2018, 02:12 PM
 
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People go into business to make money. They will charge what the market will bear. If there are customers willing to pay $2500 a month for rent, why charge $1000?
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