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One pay rate for equivalent skill levels seems like the fairest way to let people choose the lifestyle in the location they want.

And keep in mind, this applies both ways. If you currently live in a high cost of living area, nothing about this policy prevents you from taking that high wage and moving to a lower cost of living area and similarly benefitting.

I think having that choice is a great thing.

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It's good for some people but really it just means that if you have already put down roots in a location like San Francisco, New York or London then you'll have to look elsewhere for a job that pays more.

Yea if you live in the most expensive places on the planet it might be a bit of a problem. But then again you can probably deal with it since you can afford to put down roots there in the first place.

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