Those salaries are a new experience to a lot of people. In some cases, because they came out of school into them and have little experience with financial manag

Those salaries are a new experience to a lot of people. In some cases, because they came out of school into them and have little experience with financial management in the first place, and in other cases because the prior benchmark for tech industry was like 30-50% of that until fairly recent (and remains that way at many US tech companies). And like with a lot of "new money" experiences, the answer to your question is: no. You get excited to taste a luxury lifestyle and get carried away buying an dangerously expensive house because it fits your Peleton and your bank says you're good for it. With this being your first time through a tech boom, you didn't believe the old cynics telling you there was a second act coming. But now you might get laid off and have $15,000 per month in bills to pay lest that house go back to the bank. It's an understandable story, and a tragic one. :(