Tech workers are increasingly looking to leave Silicon Valley (Los Angeles: 2014, homes)

[Perma Bear]

Originally Posted by jonlovet

yes! in order to live in bay area you need to always be 'with market'. which means your skill set should be in demand, constantly try to learn and earn at par with your experience. that is why people switch companies every 3 years. as economy is improving, so does base salary standard for job grades. i see new college grads making like 120k base in middle tier companies . Top tier companies like fb, netflix, google will give you more + big stock options + nice signon bonus.

That's not true. Just live at home and someone making 40k can live nearly the same lifestyle as someone making 100.

[YoungTraveler2011]

tell them LA is the worst city ever and never to come here

thanks

[Perma Bear]

Originally Posted by YoungTraveler2011

tell them LA is the worst city ever and never to come here

thanks

LA is already expensive (But still far cheaper than the Bay Area so no promises).

[bigboibob]

This is how it might go down. Profit margins will get squeezed, 5-20% layoffs, support functions moved to lower cost of living area.

This will be similar to the big banks moving their HR and accounting departments from NYC to Jersey.

[jonlovet]

@Perma Bear
live at home ? most people here are immigrants or they have come from some other states. they don't have home.
Secondly, this thread is about COL which jacks up when you consider buying. otherwise leaving rent/mortgage i think other expenses in bay area are more or less are same as other states.

[GalacticDragonfly]

Originally Posted by drro

Still, I was very impressed with Silicon Valley. It is one of the few parts of the US I have seen that resembles Western Europe in several ways. It is reasonably tidy and developed compared to other parts of the US. Housing quality and infrastructure are worse than over here but it is as close as it gets.

What are you talking about? What part of ultra suburban Silicon Valley resembles Western Europe? You mean San Francisco proper? What cities in Silicon Valley?

[Chuck5000]

Public transit in even 3rd tier western European cities blow away transit everywhere in the USA. And silicon valley transit is *not* good at all, with minimal hope for improvements on the horizon.

So given European planning which means jobs can be reached well on transit, and lots of rail and bus options, I have no idea what this poster is talking about.

I dearly wish SV and the SF Bay Area had European-levels of transit. It would make living in more affordable far flung areas possible. But the reality is not even close. Not even NYC area transit is up to European standards.

[Perma Bear]

I don't want to be stuffed into tiny row houses/condos. I'll keep my suburban lot thank you.

[HockeyMac18]

Originally Posted by Perma Bear

I don't want to be stuffed into tiny row houses/condos. I'll keep my suburban lot thank you.

No one is going to steal your home from you.

[Perma Bear]

Originally Posted by HockeyMac18

No one is going to steal your home from you.

You never know. The yuppies and chinese millionaires might want to control how us natives live.