> Quite a few of the best software engineers in the world live in the Bay Area and do not want to leave, and the larger players want to hire them. They could hire engineers elsewhere for a lot less money, but they want to hire these specific engineers, and are willing to pay what it takes.
Unless its more financially advantageous to train new engineers then keep paying the ones in SFBA? 7 billion people? Its not like only the brilliant ones are in SF.
It doesn't quite work like that... being a brilliant engineer isn't a matter of "training". And because of the attraction factor, yes, a lot of the brilliant ones end up in the bay area. For years the only place to do cutting edge tech was here, and it's pulled them in, from far away. Out of the country even.
Unless its more financially advantageous to train new engineers then keep paying the ones in SFBA? 7 billion people? Its not like only the brilliant ones are in SF.