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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (244586)8/3/2005 3:26:16 AM
From: tejek  Respond to of 1572101
 
Z, Oh, you literally meant "neighborhood." I meant like moving from one city to a more expensive one -- e.g. teachers in NYC get paid twice as much as in Albany.

No, I meant that as well. Neighborhood, city, state, planet, whatever.

Like I said before, cost of living will naturally factor into the labor market. NYC might need to pay their teachers twice as much as Albany, but what about sunny Southern California vs. rainy Oregon? I decided to move even though my pay differential is miniscule compared to the cost of living, so why should teachers in California demand much more just because the cost of living is much more? Maybe the cost of living here is so high because many people actually want to live here?


The reason costs are high in CA is because there is a thin strip along the coast that's liveable and its nearly built out. One could live in Fresno or Bakersfield but why do that to yourself. The demand to live on that thin strip is not what it used to be........in fact, outmigration from the state was higher than inmigration when I left. However, there is enough people willing to live there to keep the strip pricy.

ted