So lets just say the savings as described in the article by not paying doctors as much would be $100billion (cut doctors salaries by half). Spending on US Healthcare was in 2015-16 was $3.2 trillion. Assuming there are no side effects in the market (such as number of students entering medical school would decrease etc) the $100 billion in savings is 3.1% which is a very small figure.
In Bangalore, sale price/monthly rent ratio in an ok neighborhood would be around 200. In a pretty good neighborhood this go up to to 300-400. Mumbai is more expensive than this. Nobody buys property in India and makes a killing off the rents -- its mainly the price appreciation (inflation is around 6-7%).
In countries of > 1 billion people who are racing towards development, the real estate bubble just goes on and on. Even in smaller cities, real estate is seen as a very profitable investment as even more people make the rural to urban transition, jacking up demand to stratospheric levels.
Population of Bay area is about ~7 million. Not even 100 million. The real estate bubble is going on for 50+ years here. So, it is nothing to do with population. Today what we call as growth is just a bubble.
Bubbles always last longer than you'd think, but at some point they all end. Absent some kind of crazy government intervention, prices are ultimately supported by rent.
In china, people are banking on urbanization: because poor farmers are really going to be able to afford a small apartment in the city for $1 million. Really.
If the government decides that the companies can hire people with the highest skill or the highest pay, it will be very hard for startups to hire H1Bs (or founders to get H1B visas). If a new system is being put into place hopefully it takes into consideration factors such as size of company, location/cost of living etc
Taking a different view here. The best ideas seem obvious in the future. I thought he was very clear articulate in how he does his hires (he would be the hiring manager here). While yes the manager needing help answers the "who" part of the hiring question, Aaron answers the "how".
If there is no technology play, at the minimum it should be a signon bonus that the company would pay engineers joining at that position in the company. How much higher than that would depend on other factors that everybody is discussing.
