alt Hacker NewsIf there are N houses available in the bay area and FAANG hires a total of more than N people from outside the bay area at a median $X/year, then the median cost of a house will be more than the most house that someone making $X/year can afford.
If there are N houses available in the bay area and FAANG hires a total of more than N people from outside the bay area at a median $X/year, then the median cost of a house will be more than the most house that someone making $X/year can afford.