Hiring is hard, it's true, and companies badly want to do it.<p>But not at any price. At some price level (especially considering said price level has to apply to all employees, not just the marginally-hired ones), it's better to make due with the people you can attract than to up the cost higher to attract more.<p>Also, it's not clear that the overlap between the people that are most attractive to employers and the people who would be most swayed by remote-from-anywhere-at-SF-and-also-work-20%-less offer is necessarily as complete as the poster assumes.<p>Also, you still have to filter the group that comes along down to those who you would actually benefit from hiring -- which is actually the hardest part of hiring -- finding the good ones.<p>That said, if a vaguely-stable employer offered way more money for way less work, they'd probably get a stampede of applicants. So, if you're actually desperate for more applicants, go for it, it'll probably work.