<story><title>Young people would sacrifice other perks for a 4-day workweek</title><url>https://www.cnbc.com/2023/11/01/what-young-people-would-give-up-for-a-4-day-workweek.html</url></story><parent_chain><item><author>slashdev</author><text>It&amp;#x27;s not for everybody, but if you can find a way to not play the rigged game, you can get ahead.&lt;p&gt;I moved from a high cost of living city in North America to Latin America. I bought a two floor penthouse overlooking the ocean for less than the price of a two bedroom apartment back where I came from. My mortgage is -$2000 &amp;#x2F; month. That&amp;#x27;s right, negative $2000 because I save the full mortgage payment plus an extra $2000 on taxes each month, completely legally and above board.&lt;p&gt;Now not everything is sunshine and roses (well there is a lot of both, but you know what I mean). The price is I have to work remotely, I had to learn a new language, and Amazon delivery is more like two weeks than 2 days and the shipping is not free. There are definitely things that I miss, but nothing compared to what I gain.</text></item><item><author>onlyrealcuzzo</author><text>Young people don&amp;#x27;t want to work hard because there&amp;#x27;s little incentive.&lt;p&gt;No matter how hard you work, unless you&amp;#x27;re in the top 5%, you&amp;#x27;re &lt;i&gt;far&lt;/i&gt; priced out of most places most people want to live.&lt;p&gt;You can afford everything comfortably beside housing &amp;amp; health care (which you don&amp;#x27;t need much of when you&amp;#x27;re young) on a relatively low wage in the US.&lt;p&gt;So you&amp;#x27;ve pretty much given up on housing. What&amp;#x27;s the point in working hard?</text></item></parent_chain><comment><author>nunez</author><text>Your solution is to be the top 5% in some other cheaper economy while continuing to get paid a US comp package. Not sure how that&amp;#x27;s better. In fact, this is exactly the thing that&amp;#x27;s going to drive down all of our comp over time. If you can work effectively in Costa Rica, why won&amp;#x27;t I just hire good English-speaking talent in Costa Rica (more likely Brazil) at a tenth of your expected comp?</text></comment>
<story><title>Young people would sacrifice other perks for a 4-day workweek</title><url>https://www.cnbc.com/2023/11/01/what-young-people-would-give-up-for-a-4-day-workweek.html</url></story><parent_chain><item><author>slashdev</author><text>It&amp;#x27;s not for everybody, but if you can find a way to not play the rigged game, you can get ahead.&lt;p&gt;I moved from a high cost of living city in North America to Latin America. I bought a two floor penthouse overlooking the ocean for less than the price of a two bedroom apartment back where I came from. My mortgage is -$2000 &amp;#x2F; month. That&amp;#x27;s right, negative $2000 because I save the full mortgage payment plus an extra $2000 on taxes each month, completely legally and above board.&lt;p&gt;Now not everything is sunshine and roses (well there is a lot of both, but you know what I mean). The price is I have to work remotely, I had to learn a new language, and Amazon delivery is more like two weeks than 2 days and the shipping is not free. There are definitely things that I miss, but nothing compared to what I gain.</text></item><item><author>onlyrealcuzzo</author><text>Young people don&amp;#x27;t want to work hard because there&amp;#x27;s little incentive.&lt;p&gt;No matter how hard you work, unless you&amp;#x27;re in the top 5%, you&amp;#x27;re &lt;i&gt;far&lt;/i&gt; priced out of most places most people want to live.&lt;p&gt;You can afford everything comfortably beside housing &amp;amp; health care (which you don&amp;#x27;t need much of when you&amp;#x27;re young) on a relatively low wage in the US.&lt;p&gt;So you&amp;#x27;ve pretty much given up on housing. What&amp;#x27;s the point in working hard?</text></item></parent_chain><comment><author>tspike</author><text>Sure, and now you’re inflicting the same problems on the local population who don’t have the option of geographic arbitrage.</text></comment>