Would love to see more economists weigh in on the great WFH migration. Key ?: How long will you be able to "smuggle" Palo Alto salaries into Phoenix or Providence? I don't think the arbitrage window will stay open indefinitely. Will there be new MSA-adjusted salary bands?
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Would be interesting how often they reassess those values in light of changing CoL. Overall, seems to be a real arbitrage opportunity for people who don't mind exurbs!
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I've never quite understood these CoL adjustments and always wondered if they're more than just a cost saving exercise and there's an element of wanting to cut down on envy between colleagues
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