| ▲ | fcarraldo a day ago | |||||||
> Software is or was one of the few remaining arenas wherein a person can find a consistently Software salary inflation and expansion has made this the case. Tech’s accessibility to the educated has accelerated gentrification massively, rising up prices on rent and food. While the statement is correct, tech’s contribution to income inequality is part of the issue. If you’ve lived in Austin or Chicago (especially Austin) prior to ~2010 you’ll have seen this first hand. | ||||||||
| ▲ | reverius42 21 hours ago | parent [-] | |||||||
I don't think there are enough well-paid tech workers to affect things like the (national) market for food. Local rent markets are at least partly explained by this; I agree that the $3M houses near Palo Alto, CA are because of Big Tech salaries, but not the price of ground beef. | ||||||||
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