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This has nothing to do with earning a livable wage. It’s not like the top 2% are only earning enough to barely get by.

• Nextgrid 2y ago
  Top 2% maybe not. But top 10%? In a lot of economies the property ponzi scheme has reached such levels that even a top-10% salary is barely enough to actually afford decent accommodation (and employers collude with real estate interests with things like RTO/etc meaning you need that accommodation and don't have cheaper alternatives).
  • JustExAWS 2y ago
    In almost every major city in the US, a regular old “senior” enterprise dev with 5-7 years of experience should be making at least twice the median wage for the city.
    • Nextgrid 2y ago
      Which just means the housing prices can increase to match. Where else are people going to go?