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That shouldn't always matter for someone arbitraging it though... companies could hire UK-based developers (themselves pretty expensive by European standards as far as I understand) and pay them less than SFBA developers, and that would continue until the salary difference is somewhat sane. If the displaced SFBA developers then coudln't afford SFBA prices, they would have to move and/or prices would have to come down.

Why don't they? Are timezones/regulation/culture/... really more costly than $100k+/developer-year?

Don't get me wrong, as a developer in Seattle I like the gravy train, just wondering when it will end, why it doesn't end, and if I can save enough to retire by then ;)



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