A member of the commentariat contacted me offblog to propose an interesting topic for discussion. The opening salvo runs as follows (details edited for plausible deniability):

We’ve all talked a lot about sacrifices we make to have the career we want in academic science. With the recent housing crisis though, the mobility we need to seek positions on the national job market (don’t you always say, don’t restrict yourself geographically?), is getting really costly. For example, for us to sell our house & move, we would lose real money, paid to the bank to resolve our mortgage, not paper value. It would be impossible for us to buy in another market until we saved for another several years. Anyway, we could calculate salary upgrades, renting, etc etc, that main question is, the real estate market means putting an actual number on the question, how much is that TT job worth to you? $10k? $50k?

How much indeed, DearReader?

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