Subj : Re: Keep cool USA and European folks
To   : esc
From : poindexter FORTRAN
Date : Wed Jul 19 2023 08:35 am

-=> esc wrote to Adept <=-

 es> It's interesting, engineers in the Bay Area objectively make a boatload
 es> of cash compared to folks elsewhere, but it doesn't go far. There's no
 es> shortage of 30+ year olds making $100k+ per year having to look for
 es> roommates so that they can afford an apartment.

The lifestyle doesn't help, either. I thought about how much money I
spent going out to lunch in San Francisco, San Jose and Berkeley pretty
much every day from 1991 until 2015. Thought if I'd brought leftovers
and invested my lunch money, I'd be in a better place financially now.

I married in 1996, so I wasn't going out to bars at night a lot. If I'd
added the cost of a couple of drinks during the week to the investment
pool, even better!

Aside: I read about a group of software people, who in 2020 got sick of
paying 3-4K each for studios and one bedroom apartments in San
Francisco. They all moved out, quarantined for 2 weeks, and rented a
huge place in the hills in San Diego, with lots of land, a pool, hot
tub, tennis court, and a bedroom for each of them, for the same price as
their single residences. They shopped collectively and did that for a
year. Added a few more people and moved somewhere else after a year -
all while working remotely.

I felt sorry for all of the people paying inflated prices for housing in
San Francisco when the night life, culture and dining closed down.
Yes, it's great being close to work, but when your office is closed,
you're paying all the premium with none of the benefits.







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