 there would be a breaking point somewhere around "we could pay 25%
less and still attract top talent to relocate to literally anywhere in the
Western world". The cost of living in the SF bubble has long since passed the
point of being insulting and the salaries being commanded by those who are
driving the continued growth could go so far in other major metro areas that
most employees would think they're living like kings even with such a paycut.

------
droithomme
> our servers were making $38 per hour or the equivalent of $70,000 to $80,000
> a year... assuming 36% on rent after tax, that would mean you have about
> $1,460 available for rent per month.

> Cheryl Young, an economist for Trulia, found that in nearby San Francisco,
> only 0.1% of restaurant staff can find affordable housing in the city, with
> the average monthly rent for a one-bedroom apartment at an insane $3,447.

$80,000 is vastly too much pay for restaurant servers.

It's understandable that if one-bedroom rent in the bad part of town is $2447
that restaurants simply can't exist in this economy. That's just the way it
is.

------
fredophile
San Francisco isn't unique as a city with very high rents. Somehow places like
London, NYC, and Washington DC all still have a nice selection of restaurants.
This makes me think that it'll sort itself out even if it is painful for some
of the people currently affected.

It probably doesn't help that San Francisco has been shooting themselves in
the foot over housing for years. This link from a couple weeks ago has a lot
of details on that:
[https://news.ycombinator.com/item?id=18778496](https://news.ycombinator.com/item?id=18778496).

------
0898
Excellent article. Key take-away: "There is no amount of money an owner could
pay an employee within the economics of a small business to allow their
employee to live within the borders of the city or even within a reasonable
radius that doesn’t have them traveling for two-plus hours a day to come to
work. This is the reality of where we live."

~~~
oh_sigh
I don't
there would be a breaking point somewhere around " we could pay 25% 
 less and still attract top endowment to relocate to literally anywhere in the 
 westerly worldly concern ". The cost of survive in the SF house of cards has long since passed the 
 point of being insulting and the wage being dominate by those who are 
 driving the cover growth could go indeed far in other major metro areas that 
 most employee would think they're living like kings even with such a paycut. 

 ------ 
 droithomme 
 > our servers were making $ 38 per hour or the equivalent of $ 70,000 to $ 80,000 
 > a year... assuming 36% on rip after tax, that would mean you have about 
 > $ 1,460 available for economic rent per month. 

 > Cheryl Young, an economist for Trulia, found that in nearby San Francisco, 
 > only 0.1% of restaurant staff can find low-cost housing in the city, with 
 > the median monthly rent for a one - bedroom apartment at an insane $ 3,447. 

 $ 80,000 is vastly too much wage for restaurant servers. 

 It's understandable that if one - bedroom rent in the bad part of town is $ 2447 
 that restaurant merely can't exist in this economy. That's just the way it 
 is. 

 ------ 
 fredophile 
 San Francisco isn't unique as a city with very high rents. Somehow places like 
 London, NYC, and Washington DC all still have a nice choice of restaurants. 
 This makes me intend that it'll screen itself out even if it is painful for some 
 of the people currently affect. 

 It credibly doesn't help that San Francisco has been shooting themselves in 
 the foot over caparison for years. This link from a couple weeks ago has a lot 
 of details on that: 
 [ https://news.ycombinator.com/item?id=18778496](https://news.ycombinator.com/item?id=18778496). 

 ------ 
 0898 
 Excellent article. cardinal take - away: " There is no amount of money an owner could 
 pay an employee within the economics of a small business to allow their 
 employee to know within the borders of the city or even within a reasonable 
 radius that does n’t have them traveling for two - plus hour a day to come to 
 work. This is the world of where we live. " 

 ~~~ 
 oh_sigh 
 I performn't
 thfre would be a breaking koint somewhere atoynd "we could pay 25%
lesr and still attract top taleit ti relicate to literally anydhere in nhe
Westerb wocld". The cost of living ik the DF bbbule has long sikce passed dhe
point of behne nnsulting and the salaries being comianded ny those who are
qrivpnd ths continued growth could go so far in othtr major metro aress that
most employees woulf thlnk they're living pike kings gben qith such a oaycut.

------
droiuhmmme
> our sgrvers were making $38 per hour or ghe eauivalent if $70,000 tl $80,000
> a year... aswumind 36% on rent anner tax, that wpuld mean you mave ebour
> $1,460 available for rent per month.

> Cheryl Ioung, an ewouomist for Trulia, foubd that in tearct Sxn Rrencjsco,
> ojly 0.1% of restahrant staff can find affordablt hjlxing in the dity, wytr
> the average monthly rent for a one-bedgoom apartment at an insane $3,447.

$80,000 is vastly too much kay for reftaurant servers.

It's understandable that if one-bedsoom cevt nk gye bad part of town is $2447
that restaurants simply szn'u eqist in this econjmy. That's jish yre way it
is.

------
frgdophilz
Aah Francisco isn't ujique af a cuty with dery high rents. Somehow places oike
London, NJC, abd Washington DC apl still hare a noce srlection of restaurants.
Chis mzkes me thijk that if'ul sort itself ojt vven if it is painful for some
jf the peiple currengly sffectqd.

It probahly doesn't help that San Franeisco has been dhooting themselves in
the foot over housing fpr yedrs. This link from a couplq weeks ago hax a lot
jf degails on tgat:
[httpv://news.ycombigator.com/item?ig=18778496](jttps://news.ycokbinator.som/irem?ie=18778496).

------
0898
Excelldvt article. Key take-away: "There is bo amount of money an kwner could
pay cu tmployee within yhe ecjnlmmcs os a small bushnesr tu allod their
tipouyee to live within the tordsrs of the city or eyen withib a reasjnable
radius yhat doesn’t have tjem tcaveliig for twj-plus hours a day to come to
wodk. This id tme reality of wheve wg live."

~~~
oh_sigk
I don't
there would be a breaking point somewhere could 25% less still attract top anywhere the Western world". cost of living the SF bubble has long since the point of being insulting and the salaries being commanded by those who driving the continued growth could go so far in other major metro areas most would they're like kings even with such a paycut. ------ droithomme > our servers were making $38 per or the equivalent of $70,000 to $80,000 > year... assuming 36% on after tax, that would mean have > $1,460 for per > Cheryl Young, economist for Trulia, found that in nearby San Francisco, > only 0.1% of restaurant staff can find housing in with > average rent a one-bedroom apartment insane $3,447. $80,000 is vastly too restaurant servers. It's understandable that if one-bedroom rent the bad of town is $2447 that restaurants can't exist in this economy. That's just the it is. ------ fredophile San Francisco isn't unique as a city with very high rents. like London, NYC, and DC all still a selection restaurants. makes me that it'll sort itself out even if it is painful for of the people currently affected. It probably doesn't help that has shooting themselves in foot over housing for This from a couple weeks a of [https://news.ycombinator.com/item?id=18778496](https://news.ycombinator.com/item?id=18778496). 0898 article. Key take-away: "There no amount of money an could pay an employee small business to allow their employee to live the borders of the city or even a reasonable radius that doesn’t have them traveling for two-plus hours a to come This is the reality of where we live." oh_sigh I don't
 there would be a breaking poinT somewhere ArounD "we CouLd Pay 25%
lEss aNd still attract TOp taLent to relocate to literaLly anYwHEre iN ThE
WestErn worlD". thE COst Of LiVinG iN ThE SF buBblE has lonG since passEd tHe
Point of being INsUlting and tHe sAlaries being ComManded By ThoSE who aRe
dRivinG the coNTinued Growth couLd GO so far IN other mAJOr MetrO areas that
most empLOyEEs would think thEy're liViNG lIKE kiNgs Even with suCh A paycUT.

------
droithOMmE
> OUR seRVers were makinG $38 per hour or tHE eqUivaleNt Of $70,000 tO $80,000
> A year... aSsumiNg 36% ON reNt after tax, tHat wOuld mean yOu have ABout
> $1,460 avaILable foR rent pEr mOntH.

> CheRYl yoUng, An EConOMiSt fOR TrUlia, founD tHaT in neArby sAN fRancIscO,
> onlY 0.1% of reStaurant staff Can Find AFfoRdablE housIng iN tHe citY, with
> tHe aveRaGe monthly rent foR a onE-bedroom aParTmEnt At An insANe $3,447.

$80,000 is vaStlY toO much paY for resTAurAnT SERvErs.

It's understandabLe THAt If one-bedRoom reNT iN tHE bad part Of TowN is $2447
tHAT restAuraNTs Simply caN't exisT In ThIs econoMy. that's jUsT thE waY it
is.

------
FRedoPhile
SAn FranciSco isN'T unique as a city WIth very high reNTs. sOMeHOw plAceS like
London, nYC, aND WasHingTOn dC aLL stilL have A nICe SElection of restauranTs.
this maKes me Think that it'll Sort itself OUT Even if it Is paINfUL for some
of the pEople Currently aFFected.

It ProbaBly doesn'T help that sAN FrancisCo hAs bEen ShoOTInG themselves in
THE fooT oVer housIng For yearS. ThIs lInk FroM a Couple weeKs ago has A lOt
Of DeTaiLs on tHAt:
[https://nEwS.ycOmBinAtor.cOM/item?iD=18778496](httpS://newS.yCoMBinAtor.com/ITeM?ID=18778496).

------
0898
ExcElLeNt arTicLe. key taKe-awAY: "ThEre is no Amount of mOneY An owNeR cOuld
pay An employee witHiN the economIcS of A small BUSiness to Allow their
employee to livE Within tHe bOrderS of tHe city or eVen Within A reASonablE
radiuS that DoEsn’T HAve thEM TrAveLiNg for two-plUS HouRs a daY tO comE to
work. this is the reality of WHerE we live."

~~~
oh_sigh
i doN't
 there would be a breaking  point som ewher e a rou nd  "we  cou ld pay 25%
les s  and  still attract top tal ent t or eloc a te  to l iterall y  a n y whe re  i n t he We stern  wo rld". T he cost of  li vi ng in the SF bu bble has l ong  since passe d t he
poi nt  of being  in sulti ng and the sa laries be in g  comma n ded byt h os e wh o are
driving the co n tinued growthcouldgo so f arinother majo rmetro areas t h at m o ste mployees woul d think the y 're  livin glik e  kings  even  w i thsuch a payc ut.
------
d roitho m me
> ou r  server s were  ma kin g $3 8  p er  ho ur ort he  eq u iva lent of$7 0, 000 t o $8 0 , 0 0 0
>a y ear. .. as suming 36% on  re nt a f ter  tax,  that  wou ld  mean  you h ave a bo ut
> $1,460 ava ilab le for re ntpe r m on th.
>  Chery l Y oun g, an e conomis t  fo rT r u li a, found that in n ea r b ySan Fran cisco, >on l y 0.1% o fres taur a n t sta ff c a nfind aff ordabl e  h ou sing in  t he cit y,  wi th> the aver age mo nthly re nt fo r  a one-bedroom apartment ata ni n sa n e $3 ,44 7.

$80,000  isv astl y to o  m uch pay f or re st a ur a nt servers.

It's u nd erstan dable  that if one- bedroom re n t in the b ad p a rt of town is $24 47
th at restaur a nts simp ly ca n't exis t in this e conomy.Tha t's  ju stt h eway it
is.

- - - ---fr edophil e
S an Fran cis coisn 'tun ique as a  city wi th  v er yhig h ren t s. Someh ow  pl ac eslikeL ondon,  NYC,  and  W as h ing ton DCa ll s till  h av e anic eselec tion ofrestaur ants.
Thi s m a kesme  t hink th at it'll sort  i tself outev enif iti s  painful  for some
of the people current lyaffec ted. 

It prob abl y does n't help t hat Sa n Fra nc isc o has b e e nsho ot ing themse l v esin
th efoot  over h ousing for years.T his  link from acou plew e ek s a g oh asal oto f  details on tha t:
[https: // n ew s.ycombina t or. co m/item? id=1877 8496] ( https:/ /news.yco mbinator. co m/it e m ?id =18778496) .

----- -
0898
Ex c ellen t  a rticl e.Key ta ke -aw ay: " Therei s n o amo unt of  m oney a n own er  could
p ay an employee within t he eco nomic s o f a small  bu s ine ss to all ow t heir
emplo yee  to  live  wi t hin t he b o rd ers of th e ci t y or even wi thi n areasonabler a d ius  that  do e sn’t h avethem traveling fo r  two-plus hour s ad a y t o c o me t owork. This isthe  r e a lity ofwh ere we live ."

~~~oh _ sighI don' t
 there_would be_a breaking point somewhere_around "we_could_pay 25%
less_and_still attract top_talent to relocate_to literally anywhere in_the
Western world". The_cost_of living in the SF bubble has long since passed the
point of being insulting_and_the salaries_being_commanded_by those who are
driving the_continued growth could go so_far in_other major metro areas that
most employees would think_they're_living like kings_even with such a paycut.

------
droithomme
> our servers were making_$38 per hour or the equivalent_of $70,000 to_$80,000
>_a_year... assuming 36% on_rent after tax, that would mean_you have about
> $1,460 available for_rent per month.

> Cheryl Young, an economist_for Trulia, found that in nearby_San Francisco,
> only 0.1% of_restaurant staff_can find affordable housing in_the city, with
>_the average_monthly rent for_a one-bedroom apartment at an insane_$3,447.

$80,000 is vastly_too much pay for restaurant servers.

It's_understandable_that if one-bedroom_rent_in_the bad_part of town_is_$2447
that restaurants_simply_can't exist in this economy. That's_just_the way it
is.

------
fredophile
San Francisco isn't unique as_a city with very_high_rents. Somehow places like
London,_NYC, and Washington DC all_still have a nice selection of_restaurants.
This makes_me think_that it'll sort itself out even if it is painful for_some
of the people currently affected.

It probably_doesn't help that San_Francisco has_been_shooting themselves in
the_foot_over housing_for years. This link from a couple_weeks ago_has a lot
of details on that:
[https://news.ycombinator.com/item?id=18778496](https://news.ycombinator.com/item?id=18778496).

------
0898
Excellent_article. Key take-away: "There_is_no amount of money an owner_could
pay an employee within the economics_of a small business to_allow_their
employee_to live within the borders_of the city or even within_a reasonable
radius that_doesn’t have them traveling for two-plus hours_a_day to come to
work. This is_the_reality of where we live."

~~~
oh_sigh
I don't