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How does cost of housing impact startup company culture?

In bay area, for example, housing costs create pressure on people to jump ship pretty fast, switching companies every year. It is a rational economic strategy to maximize individual's gains, given startup uncertainty, but it is not great for startups.

To build a long-lasting conglomerate like Amazon, able to take on any new challenge, you need people who stay with the company, stay energized, and look forward to building the next chapter.