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Just anecdotal evidence, but I don't find this to be true at all. 20-somethings around me need less the money that older people (they are well paid, no kids, no
by williamdclt 8y ago
Just anecdotal evidence, but I don't find this to be true at all. 20-somethings around me need less the money that older people (they are well paid, no kids, no mortgage, no old parents to support, no car...) and are more idealistic and critical of the system.
- marcus_holmes 8y agoagree totally. Millenials (in my experience) are much, much more likely to turn down a job because of the ethics of it. People my age (I'm over 50) are more jaded ;)
- kazinator 8y agoOh 20-somethings need money; it just hasn't occurred to them. Upside: > no mortgage Downside: can't make down payment and perhaps never will.
- williamdclt 8y ago> Oh 20-somethings need money; it just hasn't occurred to them. Yes but software engineering pays enough that you don't need to go to Google or Facebook or other unethical ad companies to live decently. My salary is probably below market rate (which itself is way below google-level pay) and can still buy pretty much anything I want while having enough left at the end of the month to have near-0 concern about my future. (Not living in the US, so not worried about a health problem bankrupting me or having to pay ~100k for my kids college)
- scarface74 8y agoSeeing that in the city where I live - a major metropolitan area with plenty of tech jobs - you can get a brand new 3000 foot house in the burbs, great school system for around $350K with an FHA loan and 3.5% down, a house is far from unaffordable for the average developer with 5-7 years of experience.
- loeg 8y agoRepresenting $350k for a 3000 sq foot house as average is disingenuous. That simply isn't true in the places where the majority of tech jobs exist (major coastal metros). In Seattle, 3000 sq ft homes go for a floor of about $750k, and that's in the extreme south end of town. In SF, try $1.5mil. $500k+ in the outer extremes of NYC. Average developers can't all move to whatever cheap metro you're describing; there simply aren't enough jobs there.
- scarface74 8y agoYou really think that the only place you can find a tech job is on the west coast? I must be imagining things that I’ve been doing pretty well for myself in Atlanta for 20+ years.... And posters on HN wonder why I always rail against the Silicon Valley/HN bubble. https://www.glassdoor.com/blog/25-best-paying-cities-software-engineers/ https://www.glassdoor.com/blog/25-best-paying-cities-softwar...
- loeg 8y agoNYC isn't on the west coast. Do you think all the average west coast developers can move to Atlanta? No; there aren't the jobs. And if/when there are, housing prices rise correspondingly. I'm glad ATL works well for you, but it isn't the average experience.
- scarface74 8y agoThere are other cities in the US you know where software engineers work.... Why isn’t it the average experience? https://www.matrixres.com/salary-surveys https://www.matrixres.com/salary-surveys
- bassman9000 8y agomore idealistic and critical of the system Because they're 20, that's the point.
- jlokier 8y ago> ...no mortgage... They rent instead. Rents are usually higher than mortgages for the same kind of property...