Originally posted by Reggi
You're interpreting "cost of living" incorrectly - whether someone can live on 45K or not is irrelevant. What matters is the price of everything in one place versus another - what matters is the house and others services etc that players purchase in Sydney are higher than the comparable ones. It is one of the basic tenants of economics.
If Sydney players did not have the 15% many of them would say "I can get more for my dollar in Melb, Perth and Adelaide" - and it would influence people to move. It was happening before the 15% was introduced.
You're interpreting "cost of living" incorrectly - whether someone can live on 45K or not is irrelevant. What matters is the price of everything in one place versus another - what matters is the house and others services etc that players purchase in Sydney are higher than the comparable ones. It is one of the basic tenants of economics.
If Sydney players did not have the 15% many of them would say "I can get more for my dollar in Melb, Perth and Adelaide" - and it would influence people to move. It was happening before the 15% was introduced.

Pfft. spoiled my fun
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