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by bavell 2457 days ago
I agree with your overall perception of SV as an outsider myself. There are very smart people doing big things alongside starry-eyed naive people doing silly things. Sometimes it's a blurry line between the two and sometimes I can't help but facepalm at some of the stories I hear coming out of SV...
1 comments

Well, let's be honest about the "intelligent" part. Sure, there are some brilliant computer engineers out in SV. But would you say they're necessarily smart financial planners? The cost of living in a lot of parts of Cali in generally are ridiculous and some of the most expensive in the country. A lot of SV companies complain that there are not enough capable programmers in the area. Well, if a 50k-70k salary in other parts of the country gets you a decent sized house, a car, cheaper food and cheaper well... everything. While a 120k in SV gets you a studio apartment and reliant on public transpo... I mean, what makes more sense? God have mercy if you have kids.

So if you have a segment of engineers who believe living in SV is "smart" financially... do you really want them to make opinions on government spending? I'm not saying that "people not living in Cali" are instantly money smart. But, you don't quickly take financial advice from a friend that's gone bankrupt twice, is always in crippling debt due to overspending and throws money at ideas largely based on keywords.

I guess my long drawn out rant is just the problem where lots of folks consider SV "smart". Thus they're allowed to have an affecting opinion on things they're truly not "smart" about.

> The cost of living in a lot of parts of Cali in generally are ridiculous and some of the most expensive in the country.

A lot of these arguments could be made about New York, specifically Manhattan. There are people there that can genuinely afford it, and there are people that struggle financially because they want to be there (for whatever reason).

There are obviously lots of people in the Bay Area struggling to make ends meet, including some software engineers. But the reality is most talented people here are so well-paid it's not an issue. You're talking about $120k salaries, I'm talking about $100k signing bonuses. Of course the average engineer here isn't swimming in money, but there are plenty of people who make so much more money here that it's a wise financial decision to stay. Personally I ran the numbers and I put more money in my savings every year here than I would anywhere else.

I completely agree with the general sentiment that software engineers in particular suffer from the Dunning-Kruger effect and I regularly have to explain to engineers that the world outside of software is not so neatly contained. But the notion that most software engineers here are not smart because they choose to live somewhere expensive is irrelevant if you aren't also talking about how much more money they make to live here.