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Every morning I wake up and thank the heavens that I never took the bait and moved to silicon valley. What a dumpster fire.
by stathibus 4y ago
Every morning I wake up and thank the heavens that I never took the bait and moved to silicon valley. What a dumpster fire.
- outside1234 4y agoSilicon Valley is a very big area - and yes San Francisco has problems and needs to make changes - but there is a wide swath of cities and places to live that are almost without peer in terms of being great places to live with unparalleled career opportunities.
- jjulius 4y agoAnd most of them wiiiiiiildly expensive. Edit: Nor are a lot of these issues limited to SF. We had a large encampment set up shop right outside our property line, right next to downtown Milpitas a few years back. It grew and grew for over a year, and nothing was done about it until they decided to dig down and cut into a water main that was connected to our warehouse for their own personal use.
- OkayPhysicist 4y agoThe price of living is higher because the spending power of most living here is higher, because we get paid more. What blindly applying cost of living differences to salary differences misses is the fact that not all money gets spent, and not all money spent goes towards things that scale with CoL. If you end up moving out of the Bay to retire, or take vacations, or order goods online, you're in a much better place making $300,000 dollars in one area vs making $150,000 in an area with half the cost of living. Not to mention the fact that the majority of the CoL is housing, which if you're wealthy enough to make a down payment for is practically free given the rate of land appreciation throughout most of the Bay.
- jjulius 4y ago>... because we get paid more. Genuinely curious - who is "we"?
- OkayPhysicist 4y agoPeople working in the Bay Area generally, but especially tech workers ( a 'we' I feel comfortable using since we're on a website focused on tech)
- jjulius 4y agoSee that's just it - in the tech industry, sure, but I disagree with your previous comment in regards to "people working in the Bay Area generally". There are a lot of people working in a lot of industries far outside of tech that just simply don't pay anywhere near tech wages. Even many tech-adjacent industries (such as the ITAD industry I worked in when I was in the area) don't come close to touching the income that is seen on this forum. The, "if you're wealthy enough" bit is a massive, massive IF for so many people that live there. It's not true that "the spending power of most people living here is higher" because many are still stretched thin trying to get by due to the high CoL. More than other regions? Sure, but most people in the area? Not a chance. That disproportionately high number of tech workers relative to other regions is, as you say, what increases the CoL, but it makes it that much harder for people not in the industry, not making those wages, to maintain that CoL for themselves.
- ClumsyPilot 4y ago> if you're wealthy enough to make a down payment for is practically free given the rate of land appreciation throughout most of the Bay Is this going to continue for much longer?
- redeeman 4y agoearn >=200k and live in a trailer :) i do believe we agree that this is quite unparalleled :)
- wewtyflakes 4y agoNobody that earns that much is living in a trailer due to necessity in the Bay Area, or SF proper. If they choose to do so, they are likely looking to "FIRE".
- redeeman 4y agoi think they are looking to have something spare for investing in retirement
- idlewords 4y agoSan Francisco is not Silicon Valley