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Software developers are hopefully socking away a lot of their income while the days of great pay are here rather than spending it. When the housing bubble burst
by jrs235 10y ago
Software developers are hopefully socking away a lot of their income while the days of great pay are here rather than spending it. When the housing bubble burst around 2008 many real estate agents found themselves in trouble because rather than saving while the going was good they were spending it on new cars, new larger house, nice vacations.
Edit: this isn't to say we are in a bubble that will burst, its to say that eventually developer pay will come down (as supply catches up)
- throwawaydbfif 10y agoEh, developer pay and engineering in general has been a high paying field for eons. It takes a lot of specialized knowledge to do and that's only becoming more of the case as the industry further specializes and expands. It's like how there used to be one kind of doctor and now there's hundreds of specialties. The only ones hurt will be generalists. It's not like you can pull a guy off the street and have him do 90% of dev jobs. The number of people capable of doing the job well will mean it always pays fairly well. Real estate on the other hand can be done by anyone with some charisma and decent reading/writing ability which is probably about 50% of the population. These are the niches where high paying jobs don't last. Look what happened with Uber recently, once the job seekers catch on to an easy source of high income it's a few years or less before that income dwindles from excess supply