In San Francisco, Even $180,000 Tech Salaries Are No Longer Enough

kept by eddie jun 30

Even $180,000 tech salaries in San Francisco are insufficient as AI companies like OpenAI and Anthropic drive up costs, widening inequality and forcing workers to reconsider staying.

The Slum in Gangnam, the Richest Part of Seoul - The New York Times
Hundreds defy eviction in a Gangnam shantytown as Seoul pushes redevelopment, residents fight for a right to own homes in one of the world's most expensive districts.
also on #inequality, #housing-market, #city-life, #economy
The Dream of a Florida Retirement Is Fading for the Middle Class - WSJ
Florida's rising costs of living are pushing out middle-class retirees and attracting wealthy ones, reshaping the state's identity as an affordable retirement haven.
also on #inequality, #housing-market, #economy