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Well except its not as simple as that, is it. There are a lot of second and third tier Tech companies in SV (not considering startups even) that can't raise sal

Well except its not as simple as that, is it. There are a lot of second and third tier Tech companies in SV (not considering startups even) that can't raise salaries as quickly -- or at all. Also then there is the question of simultaneity, if I'm the first engineer to get a 20k raise then I will be ahead of everyone else, while everyone else catches up.

almost_usual 8y ago
The landlord will be ahead while tech workers attempt to catch up.
- fossuser 8y ago
  I think the gamble is to save up enough to buy in somewhere and then hold on for the ride. The trick is getting in before you get priced out and being able to survive a crash.
  - burlesona 8y ago
    Being able to survive the crash feels increasingly unlikely.
01100011 8y ago
Yeah I'm surprised to see how many companies in the valley still pay low wages compared to the FANGs. I can make anywhere from $120k-300k+ depending on the company.