On: Employees at Airbnb, Square and Stripe Are Spendin...

[minimaxir]

This article makes the rather flawed assumption that all the housing in SF is being taken up by people who work at startups, and not by people who work at Facebook/Google but live in the city and commute, who likely are both more numerous and have even greater salaries.

The article doesn't mention studio prices at all, which are high but not stupid high.

[rco8786 → minimaxir]

FB/Google do not employ more in SF than the long, long, LONG tail of startups in the city. They probably do have higher than average salaries though.