Depending on where they're moving from, they might take a pay cut.. Ohio is very cheap to live in. New Albany is not particularly exciting, but nearby Columbus is a nice vibrant city, not the end of the earth. OSU is a definitely good asset for Intel, they put out 2k engineering degrees a year.
I hope this spurs a nice tech ecosystem for Ohio--it's been dominated by insurance and medicine for a long time.
> I'd imagine most people would want a pretty significant pay raise to move to somewhere like Ohio
Yeah. The region isn't known to attract or retain tech talent.
> Depending on where they're moving from, they might take a pay cut.. Ohio is very cheap to live in
The thing with Cost of Living is that the biggest expense is typically housing. And if you bought the house, it means the biggest expense is... building equity into an asset you can sell afterward.
Keep in mind the engineer who purchased a 2 million house in Palo Alto can sell it for two million, and then move to Ohio to a much cheaper house purchased in cash. The reverse isn't true.
I think the region has been attracting talent in the remote shift. Columbus has tens of thousands of software developers. Certainly not on the same scale as the bay but we are here. Lots of insurance and finance. VC influx from former coast vcs at Drive Capital and the folks at Rev1 have been pumping cash and resources into the local startup scene. CoverMyMeds/Root/Olive were the recent unicorns.
It might not be the well known bay/NYC/Austin but it has a vibrant scene for the population.
given that over the last 2 years we've all been trained to live like hermits I wonder who is going to be bothered about lack of city amenities? You can still jog around the block and walk your dog but large public gatherings (big city specialty) isn't much of a draw any more.
Nitpick: Small and medium, not just large public gatherings, and a larger variety of them, are also a big city draw. But one of the biggest big city draws is the large variety of employment -- not just for you, but your kids. You don't know what career they'll go into and they're more likely to be able to do it while staying near the metro area they grew up in if it's a large one with a good large varied job market, as opposed to having to choose between career and staying near family. Obviously remote/hybrid work makes that a little easier, but a lot of stuff still has to be done on site, it's still a competitive advantage to be able to choose between local AND remote jobs as opposed to ONLY remote jobs because your hometown is so small, and hybrid doesn't really make metro areas irrelevant, it merely expands their size, much as highways and commuter trains once did 50 and 100 or so years ago.
Local businesses and restaurants, especially having a lot of variety and choice for each, are big draws for big cities. I'd thought about moving to suburbia for a larger property but I'd really have nothing to do all day beyond peter around my larger house. I wouldn't be able to walk to all the things I walk to from my place now, from businesses and stores but also hiking and parks, and especially informal city stuff like the people selling tacos or fruit on the sidewalk. I would miss out on a lot of hobbies I engage in that wouldn't be well supported in an area with a smaller population. Tons of little services I rely on only really work at scale with a big city population, both from private companies and services offered by the city itself (like the free compost program I exploit heavily).
This is all stuff I've been doing or using constantly even with the pandemic. Some stuff like taking advantage of public amenities like hiking trails have become an even stronger habit of mine, thanks to the pandemic. I'm one to opt to walk to the local store, feel a product in my hands and decide to buy it, vs ordering from Amazon, something you can only do if you live somewhere dense enough to sustain these local stores. Even getting an uber to come out to a Columbus suburb is going to be a process; they are probably going to just deny your ride if you aren't doing an easy couple mile bar hop around OSU or the Short North/downtown area or going to the airport.
sounds like you're living in a bubble. people in NYC are out and about socializing. not living like a hermit. there's like 50 dance events every weekend.
Even in the most closed-down part of the pandemic, getting some takeout was a nice way to make yet another evening stuck at home into at least somewhat of an 'event,' silly as that seems.
This may be true for you but come to any major city and there are large events every single night. It's back to pre-covid. Every bar in NYC is packed, concerts are back. I went to see 4 shows last weekend.
I hope this spurs a nice tech ecosystem for Ohio--it's been dominated by insurance and medicine for a long time.