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https://twitter.com/dee_bosa/status/1586043571081134080 https://twitter.com/dee_bosa/status/1586043571081134080 > They are visibly shaken. Daniel tells us
by ryzvonusef 4y ago
https://twitter.com/dee_bosa/status/1586043571081134080 https://twitter.com/dee_bosa/status/1586043571081134080
> They are visibly shaken. Daniel tells us he owns a Tesla and doesn’t know how he’s going to make payments.
Aren't Silicon Valley Engineers paid well enough not to have such troubles? Especially after the stock vesting and layoff bonus and stuff?
- hgsgm 4y ago
- qbasic_forever 4y agoThe average home price is over a million bucks there. Renting a 1 bedroom apartment is like $1500 or more a month. The poverty line for a family of 4 is something in the low six figures last I looked. The cost of living in SF/San Jose area is astronomical.
- dylan604 4y agoPeople getting paid well learn how to spend it. Also, some of the "getting paid well" by FAANGS is in options, so it's not like those pay the bills now
- ryzvonusef 4y agohttps://twitter.com/dee_bosa/status/1586055365409443840 https://twitter.com/dee_bosa/status/1586055365409443840 > fyi -some questions being raised about whether these are really twitter employees. > Still trying to verify Turns out they are NOT Twitter emoployees. Whoops.
- kmeisthax 4y agoThere are plenty of upper-middle-class people who live in a high cost-of-living area and are spending 50% on rent. Rich people additionally will have most of their cash tied up in business deals that won't resolve until way later. The definition of financial irresponsibility is not being poor.