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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 $200. So why jack up the COL due to increase in a person pay check?
Does high COL coincide to the fact their is jobs that have a higher then market salaries?
Example: Town has average job rate 10$ 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?
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
Capitalism
A sound and a word, signifying nothing... much. Nor very accurately.
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.
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.
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..
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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