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Duolingo To Silicon Valley Workers: Move To Pittsburgh, Where You Can Actually Afford a Home (venturebeat.com)
As the cost of living continues to rise in Silicon Valley, tech companies in other parts of the country are getting more aggressive in pitching workers to move to their cities for a better quality of life. From a report: This week, the language-learning platform Duolingo put up an ad along San Francisco's US Highway 101, encouraging residents to move to Pittsburgh where the company's headquarters are based. In Pittsburgh, you can both "work in tech" and "own a home," the ad touted. Duolingo CEO Luis von Ahn told VentureBeat in an email that the company was prompted to put up the ad after realizing that most of its Pittsburgh employees who relocated to the city cited the low cost of housing as one of the deciding factors.
Von Ahn said that 85 percent of the company's Pittsburgh-based employees moved to the city from somewhere else. The company has 110 employees, the majority of whom work out of Pittsburgh. "One [employee] who recently joined Duolingo moved from the Bay Area and ended up buying a house almost immediately," von Ahn said. "He said he never would have been able to do that before, but here in Pittsburgh, he found a reasonably priced home on a large plot of land and jumped on the opportunity to be a homeowner and have a huge yard for his dog."
Von Ahn said that 85 percent of the company's Pittsburgh-based employees moved to the city from somewhere else. The company has 110 employees, the majority of whom work out of Pittsburgh. "One [employee] who recently joined Duolingo moved from the Bay Area and ended up buying a house almost immediately," von Ahn said. "He said he never would have been able to do that before, but here in Pittsburgh, he found a reasonably priced home on a large plot of land and jumped on the opportunity to be a homeowner and have a huge yard for his dog."
Shutting down free speech with violence isn't fighting fascism. It IS fascism!
Well, you could choose Houston or Austin, if you don't like the cold! Houses in both cities are very affordable compared to Silicon Valley standards, and there are plenty of tech jobs.
HOLD that thought there cowboy.
I came to Humble (suburb of Houston) in 2014 because of jobs jobs jobs and my previous employer offered me a position with a tick up in responsibility if I moved from Florida (Tampa area). Tampa back then had a HUGE unemployment rate over 10% and was still suffering in the Great Recession.
Housing prices back in 2014 were cheap. I suffering from the Great Recession lost my savings so I was planning to rebuild and buy a home in Houston by now.
Texas had the lowest unemployment rate, cheap housing, mild sub tropical climate, lots and lots of jobs, never entered the recession. .... Fast forward to 2018
Oil and gas prices have tumbled!! I have been laid off 3 times now. All my coworkers who used to make money hands over fist are making $25/hr with no benefits as contractors. I was laid off again as cheap Indians are going to fly in and take our department jobs away thanks to the Gartners Group efficiency experts. Housing prices have gone up 30%!
The job market in Texas is terrible now thanks to the energy industry race to the bottom as the price of oil is still down 70% from 2014. If you are in tech you are not employed in Exxon, Shell, etc. Unless of course you are an H1B1 visa holder.
Meanwhile my phone is ringing off the hook from Florida recreuiters. Tampa is NOW HOT and they are struggling to find competent I.T. workers. Pent up demand from the last recession hit my former place.
My point is in 2018 things have flipped. Once was hot is cold and vice versa.
http://saveie6.com/
I was living in an average home on a postage-stamp sized lot. I work from home, so I moved onto a one-acre private treed lot.. In a place where I can get this 10 minutes away from a major city. You would not believe what it has done for my stress level, being able to walk out and see nature every day instead of my neighbors.
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
Or, you know, just have sufficient investments to pay the rent. If you want to be successful in life, you need to understand investing - don't be the guy who can only manage to save money as equity. Renting or owning then becomes a decision on its own merits as an investment. Even owning a house outright has a lot of fixed costs.
Rule of thumb: if houses in the area sell for 100 months' rent (for a reasonably-equivalent place), buy ASAP. If houses in the area sell for 200 months' rent, keep renting. In between? Depends on the deal you can get on the house.
Real estate speculation is a whole different topic, but I prefer investment to speculation.
Socialism: a lie told by totalitarians and believed by fools.