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Comment by mort96

4 months ago

Does cities like San Francisco not have janitors? Waiters? Food delivery drivers? Or do those jobs command a six-figure salary too? If they can live comfortably in the city on a five-figure salary, maybe the argument that "cost of living is so high in SF that you can't live without a $300,000/year salary" is just a little bit overblown?

I can not imagine what one could possibly need $300,000 per year for unless an apartment costs like $200,000 per year.

> Does cities like San Francisco not have janitors? Waiters?

When I used to visit the Meta campus in Menlo Park, the QA folk I worked with were commuting 2 hours each way just to be able to afford housing. I've no idea how far away the janitorial staff must have lived to do the same

> I can not imagine what one could possibly need $300,000 per year for unless an apartment costs like $200,000 per year.

Being able to afford unpredictable expenses and not have it bankrupt you. In the US, that would include healthcare. Everywhere in the world, that would be useful if you were laid off.

  • To build an emergency fund, you just need an income that's a bit higher than your expenses. If you earn $60,000 after tax per year, and spend $50,000 per year, you have a decent $10,000 emergency fund after one year and a massive $100,000 emergency fund after a decade. You don't need $300,000 per year to save.

You get by on a low salary by living with multiple people in the same apartment. Or you live far away and commute. Or both.

Not really a tenable long-term situation for a senior employee with plans to start a family. Family homes of decent size and area are literally millions of dollars.

  • I guess I don't understand why programmers somehow deserve a better life than other people. Janitors deserve to start families too, don't they?

    • Its about how the market values those skillsets, not about what people “deserve.”

      No one is sitting around and setting salaries based on the intrinsic human dignity of the people working jobs.

    • It's not about deserving, programmers just have enough market power to be able to choose to go elsewhere. Janitors and other more fungible employees do not.

      Besides, I did already say that everyone else was underpaid relative to costs. But that's not unique to the Bay Area. Cost of housing relative to income is terrible in almost all of the major European cities too.

      Once cities become wealthy enough to develop a home owning class, they seem to cease being able to provision adequate housing supply in general.

I worked at Redwood Shores. On a walk across the 101, I discovered where the cleaning staff and food workers lived. In cars, under the bridge or parked in a quiet corner of the street next to industrial or commercial property.