Telecommuting/ WFH and Remote Work

I don’t think people realize the cost of regulation compliance. Seattle has a $2.99 restaurant delivery fee. It’s determined by restaurant location not delivery location. I wonder how much money is spent by delivery app companies on tracking local fees and updating apps to include them. It’s insane when you consider there’s federal, state, county, and city rules for compliance.

It creates bloated employee counts that aren’t adding business value. That will drive up wages, since there are more jobs. It also crushes profitability. It will kill innovation, since the only way to afford compliance is to rapidly achieve massive scale to cover the cost.

I don’t see the regulation web improving.

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MNCs should close down in Netherlands.

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Gen Z actually hates working from home

https://archive.ph/YLoUE

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Recall similar article was posted. TikTokers are young, they need to socialize.

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2% lower pay for the flexibility to work remotely. If it compounds 2% every year, then the gap could get quite large. I’d be curious to see a breakdown of the impact by income level too. I’m guessing higher income people have more leverage and aren’t as impacted.

https://archive.ph/QDgtN

Their website is pretty cool.

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Lot of workplaces in Bay Area, employees are coming in to Office max 3 days/week compared to 5 days/week before the Pandemic. In those companies some people come to work as low as 1 day/week, in spite of pressure from top management. Nvidia it seems is ok with WFH. Other examples I know, couple of people in PG&E and some banks are also WFH full time. Not sure if remote work is allowed though.

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https://www.bloomberg.com/news/articles/2022-07-15/facebook-parent-meta-amazon-pull-back-on-nyc-office-expansions#xj4y7vzkg

https://archive.ph/SQDxu

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Welcome to the Great Salary Convergence — a seismic shift in the way professionals get paid

https://archive.ph/VUCfQ

In 2019, according to Carta, tech startups made 65% of their hires in the state where they were headquartered and 35% out-of-state. But today, those ratios have flipped: 38% of hires are in-state and 62% are out-of-state.

The blogger who keep bragging about tons of startups in SF may be disappointed. Slowly and surely…

Seattle is 100% of SF and no state income tax :slight_smile:

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Buy RE in no state income tax States that still haven’t achieve 100% of SF. Austin? :face_with_hand_over_mouth:

Actually I am surprised Seattle can achieve parity with SF. Better weather doesn’t matter?

Seattle is basically Oakland with bad weather

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I think for most people the weather aspect is over rated. How much are people actually outside? The same pay gets you far more in the Seattle area. I posted that graphic a year or two ago that Seattle has more high-income couples than the Bay Area. It isn’t as crowded and dense. The public schools are actually good. I’m amazed the percent of people I meet here who have lived in the Bay Area.

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The highway I 5 thru Seattle is hell on earth. The skiing nearby is crappy. Weather is the only thing you can’t change. Therefore it’s an incurable defect. The best thing about Seattle is boating. Strictly for all weather trawlers that can take you to Canada, but go slow enough to avoid dead head logs. Vancouver is definitely preferable and a lot closer to Whistler and Desolation Sound. Maybe it’s the weather but the housing stock in Seattle proper.is depressing and old. Plus people don’t water their lawns.

Seattle is second only to LA having the worst traffic in the country.
Bad traffic bad weather bad and expensive housing. Without Amazon and Microsoft it would be a ghost town