[encoderer]

Where I'm sitting, in SF, I see an industry of upper middle class people who are more "wealthy" than "not wealthy." Now, there are plenty of people with paper-money options and below market salaries (which are still above $100k unless you're a masochist), but mid+ level engineers who are willing to work in a company with liquid or semi-liquid equity and that is doing alright for itself are having no trouble, even in todays insane real estate market.