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But a $180k gross income is not particularly unusual in the Bay. I mean, that's still in junior engineer territory at one of the BigCos (Apple, Google, Facebook

But a $180k gross income is not particularly unusual in the Bay. I mean, that's still in junior engineer territory at one of the BigCos (Apple, Google, Facebook, etc.).

bduerst 9y ago
For a techie who's in the top 10% of earners, sure, but we're talking about averages. $180k gross is ridiculous for the average job, even in the bay.
jorblumesea 9y ago
What about regular people? Is everyone expected to be some high paid unicorn/big 4 engineer? Society is more than just rich techies.
- s0rce 9y ago
  "Regular people" in big populated urban areas can't expect to own a detached home, they can live in condos/apartments like they do in Asian cities, NYC and other densely populated cities.
  - bduerst 9y ago
    The bay area isn't urban - we're talking about large stretches of suburbia. The area also isn't converting to urban despite the demand, which is part of what the article is talking about.
    - s0rce 9y ago
      That's a good point. It is a bit unique situation where there are small suburban homes for $2M+.
  - jorblumesea 9y ago
    None of that exists in the bay. There's nothing in terms of affordable housing. That's the entire point of the article. No one can afford to live there except for highly paid engineers. A condo will run you 700k easily in any decent place.
  - sampo 9y ago
    > they can live in condos/apartments How much do those cost in the Bay Area?
  - hx87 9y ago
    That's why they tore down all the single family houses in Sunset & Richmond to make way for 5 story apartment blocks. Oh wait...
WalterSear 9y ago
No, that's not junior engineer territory, even at the BigCos.
- jboggan 9y ago
  That's what all the college grads I knew at Google 2016-2017 were making, probably closer to $200k unless they started trimming the RSU grants because of $GOOG appreciation.
- askafriend 9y ago
  Yes, it is. $170-200k in comp per year is the baseline at a company like FB or Google. It’s typically broken down into something like 105-115k base, 40-50k liquid stock vesting per year, 10-15% yearly bonus, and some kind of one time signing bonus given as a lump sum on the start date. That’s for someone fresh out of a top school who hasn’t even negotiated at all. There are many new grads in the bay area that recieve this kind of comp.

But a $180k gross income is not particularly unusual in the Bay. I mean, that's still in junior engineer territory at one of the BigCos (Apple, Google, Facebook, etc.).

bduerst 9y ago

For a techie who's in the top 10% of earners, sure, but we're talking about averages. $180k gross is ridiculous for the average job, even in the bay.

jorblumesea 9y ago

What about regular people? Is everyone expected to be some high paid unicorn/big 4 engineer? Society is more than just rich techies.

s0rce 9y ago
"Regular people" in big populated urban areas can't expect to own a detached home, they can live in condos/apartments like they do in Asian cities, NYC and other densely populated cities.
- bduerst 9y ago
  The bay area isn't urban - we're talking about large stretches of suburbia. The area also isn't converting to urban despite the demand, which is part of what the article is talking about.
  - s0rce 9y ago
    That's a good point. It is a bit unique situation where there are small suburban homes for $2M+.
- jorblumesea 9y ago
  None of that exists in the bay. There's nothing in terms of affordable housing. That's the entire point of the article. No one can afford to live there except for highly paid engineers. A condo will run you 700k easily in any decent place.
- sampo 9y ago
  > they can live in condos/apartments How much do those cost in the Bay Area?
- hx87 9y ago
  That's why they tore down all the single family houses in Sunset & Richmond to make way for 5 story apartment blocks. Oh wait...

WalterSear 9y ago

No, that's not junior engineer territory, even at the BigCos.

jboggan 9y ago
That's what all the college grads I knew at Google 2016-2017 were making, probably closer to $200k unless they started trimming the RSU grants because of $GOOG appreciation.
askafriend 9y ago
Yes, it is. $170-200k in comp per year is the baseline at a company like FB or Google. It’s typically broken down into something like 105-115k base, 40-50k liquid stock vesting per year, 10-15% yearly bonus, and some kind of one time signing bonus given as a lump sum on the start date. That’s for someone fresh out of a top school who hasn’t even negotiated at all. There are many new grads in the bay area that recieve this kind of comp.