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That’s exactly what I thought. My immediate reaction was, if that’s a crisis, then what is San Francisco?? (Currently paying 3700 for a one bedroom in sf)
by clay_the_ripper 8y ago
That’s exactly what I thought. My immediate reaction was, if that’s a crisis, then what is San Francisco?? (Currently paying 3700 for a one bedroom in sf)
- jandrese 8y agoHas San Fransisco not been in a housing crisis for decades now?
- phil248 8y agoNo, it used to just be an expensive city. Over the last decade it has become the most expensive city. Rents have literally doubled.
- deleted 8y ago[deleted]
- kevintb 8y agoTech salaries are not even close to SF levels. The average pay for a software engineer in Vancouver is $70,000. Many new grad jobs average around $35,000/year.
- echlebek 8y agoI've seen people offered that little, but it's hard to believe anyone would take a company up on it. I started at a modest $50k, in 2010, in Vancouver, and was barely getting by at that salary. I can't imagine putting in 40 a week for $35k in 2019, that's highway robbery.
- parthdesai 8y agoYeah, and how much more are you making in SF. Average software dev salary in Vancouver is $65k CAD ($48k USD) vs $113k USD in SF.
- vancouverer 8y agoWhere do people get these numbers? I signed up an account just to comment on this buffoonery. I’m making almost $200K and haven’t been pitched a senior role under $130K in years... How can your data be soooo far off?
- mattnewport 8y agoBoth numbers seem low but the ratio seems plausible. I continue to hear about friends and acquaintances leaving Vancouver for the Bay Area or Seattle because the offers are double what they can get in Vancouver. People being offered $150K CAD base in Vancouver are being offered $250K USD base often with more generous stock based comp. Overall cost of living in Vancouver (including healthcare) is still quite a bit lower than the Bay Area but there's no doubt most engineers with some experience end up significantly better off financially taking offers in the US.
- vancouverer 8y agoI certainly made a lot more in California but it’s not that great a spread with costs considered relative to the dramatic improvement in quality of life living in Vancouver. $200K is a lot of money. I save most of it because I literally have nothing to spend it on. In turn I get access to facilities and lifestyle opportunities that were simply not available in the valley. 100K more still wouldn’t get me that in the valley. Edit: my tax rate is also very comparable. BC income tax at 200K is very similar to California. Also, I eat out a lot and sales tax is only 5% on restaurants. Good restaurants are also cheaper here. Vancouver is really not the engineering wasteland people seem to think it is.
- mattnewport 8y agoI live in Vancouver too and it's a conscious choice of the lifestyle here over more money in the Bay Area or Seattle but I'm aware that it's quite a lot of money to give up. I think there are some indicators that salaries here are starting to rise due to the size of the gap but not enough that I don't still know plenty of people who have either left or are seriously considering it.