> Obviously 150-200k is still decent money, but it really doesnt go far in major metro areas, and for someone with such a premium resume, is a bellwether of whats to come
The problem here is that the dollar has devalued so far to the point where it is close to worthless, especially with rising house prices across the country.
This is why $200k - $500k seems to be "not enough" in the US due to its cost of living and at the same time it isn't sustainable for Amazon or Google to pay at that rate.
Really, this the hallmarks of a crash that is waiting to happen and it was never going to last.
Yeah I think the dollar has been completely decimated. There is nowhere to hide, assets are no longer ripping, but cost of living is higher than ever. For a family that wants to be upper middle class, 500k really is not that much, if you want to save and live comfortably/go on vacations, drive a nice car.
>For a family that wants to be upper middle class, 500k really is not that much, if you want to save and live comfortably/go on vacations, drive a nice car.
That might be true for Bay Area. What about other states, Arizona, Nevada, Nebraska, Montana etc. ?
I am not from US, but I don't get why tech companies can only have offices in Bay Area.
The problem here is that the dollar has devalued so far to the point where it is close to worthless, especially with rising house prices across the country.
This is why $200k - $500k seems to be "not enough" in the US due to its cost of living and at the same time it isn't sustainable for Amazon or Google to pay at that rate.
Really, this the hallmarks of a crash that is waiting to happen and it was never going to last.