And who spends their $236k salary entirely on gas, groceries, utilities, and rent?
cost of living does not scale w/ salary increases. it's a silly calculation. not essential at all.
Making $236k in seattle is going to be much more fruitful than making $115k in whatever flyover place. this argument is always used by people that need to justify living in their boring towns
every cost of living calculator assumes you spend 100% of your paycheck on cost of living.
Cost of living calculations are silly. Nobody earning 236k in seattle is spending their entire paycheck on cost of living. Tell me, does a share of Tesla cost more in Seattle than Austin?
you don't seem to understand what's going on. gamestop itself is just stuck in the middle of a battle created because of financial investment tools. It doesn't really matter which company it is, it just matters that the company is shorted at >100% of total issued shares.
if the gamestop is still shorted at 130-150% of total issued shares (finra report coming soon) that means the shorters are going to be paying interest and getting margin called as GME prices goes up. the fees for borrowing GME to short have been 30-60%. That is absolutely insane, if you can even find shares to short, which I haven't seen any for the past day.
"$150k in Austin equates to $236k in Seattle (knock off 35%) $150k in Austin equates to $296k in SF Bay (knock off 50%)"
That literally only makes sense if you're using 100% of your salary for cost of living. This is what you're responding to.