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by xienze 3555 days ago
> The whole thing really puts the lie to the myth engineers in the valley are well paid. In the land of million dollar entry level homes, even $200k of income (!!!) means you will struggle to own somewhere to live.

No, they are _very_ well paid. Anywhere else in the country (minus NYC I guess), they're getting half as much. Simply paying Bay Area developers more money isn't going to make housing more affordable -- what do you think will happen to housing prices when even _more_ money is floating around in the local economy?

2 comments

Elsewhere they are paid half as much, but living expenses in SF are, say, four times higher, or worse. I can rent a whole 2000 sqft house here, under an hour north of Boston, for about $1500/month. I hear that's the going rate for a cardboard box out in the Bay.
> Anywhere else in the country (minus NYC I guess), they're getting half as much.

Odd, when I was actually willing to sniff around for jobs in the Bay Area I couldn't find anyone willing to come close to doubling my Dallas salary. As far as I can tell, unless you can score a job at Google or Facebook your statement isn't accurate.