New SF Apartments in mid-Market, 1 bedroom for $4300+ (San Francisco, Sacramento: real estate, 2014)

[Bisaro TMF]

Originally Posted by jade408

It all depends on what sort of law school you went to and what sort of internship you had. Here in the Bay Area, I imagine this is quite common, as the nearby law schools are very good, we are in a region of educational high achievers, and there are lots of Big Law firms.

But at the end of the day, it isn't super uncommon. Especially around here. We live in a bit of an entry level income bubble fueled by the fact the biggest local universities happen to be top 25 ones.

I know several lawyers including my girl friend who went to usf law school. They make about 60k. 3 cant even find work due to lawyer saturation and are competing for federal law jobs now paying 74k. Most lawyers hardly make anything compared to the cost to go to school.

[bmw335xi]

I know two lawyers in their 30s making 180k snd the othet 220k

[jade408]

Originally Posted by bmw335xi

I know two lawyers in their 30s making 180k snd the othet 220k

The few lawyers I know, are not public sector, and are making well over $100k.

[04kL4nD]

All of these personal anecdotes about salaries are funny.

What's funnier is that people are still trying to denying the average tech salary (yes, we know it's a diverse industry with lots of parts) of a Bay Area worker is pretty high. If tech workers, let alone lawyers, are really only making 50-60k, I'm super glad I chose the career path I did. My lowly CSU MA degree is looking like quite the bargain!

[jade408]

Originally Posted by 04kL4nD

All of these personal anecdotes about salaries are funny.

What's funnier is that people are still trying to denying the average tech salary (yes, we know it's a diverse industry with lots of parts) of a Bay Area worker is pretty high. If tech workers, let alone lawyers, are really only making 50-60k, I'm super glad I chose the career path I did. My lowly CSU MA degree is looking like quite the bargain!

Right? I know mid level nonprofit workers making 50-60k plus here. :P

[felinius]

Originally Posted by 04kL4nD

All of these personal anecdotes about salaries are funny.

What's funnier is that people are still trying to denying the average tech salary (yes, we know it's a diverse industry with lots of parts) of a Bay Area worker is pretty high. If tech workers, let alone lawyers, are really only making 50-60k, I'm super glad I chose the career path I did. My lowly CSU MA degree is looking like quite the bargain!

Interesting that one of the startups in SF has posted their salaries, and those in SF make $22k more just for living here.

[zombocom]

Originally Posted by felinius

Interesting that one of the startups in SF has posted their salaries, and those in SF make $22k more just for living here.

Yeah, over an employee in Delhi, India. They only get 10k more than someone in Nashville, Tennessee.

Not a whole lot when you factor in cost of living.

[Malloric]

Originally Posted by jade408

That's still a $1400 gap between the studio pricing. That is a huge, more than 50% premium.

And?

Studios for $2,491 (not whatever you said) are located on the lower flowers and are 463 square feet.
The 1bds on the low floors are $3,398 and are 752 square feet.

That isn't a $1,400 gap. It isn't more than a 50% premium. And they're more than 60% larger.

The price of the 1bds is a bargain, which is usually the case. Relatively anyway. $3,400 isn't even particularly high for San Francisco.

[excelblue]

The rents and salaries for tech positions have just been shooting up like crazy for the past couple years.

Truth is, lots of white-collar jobs are being replaced as more and more are automated. The engineers who can build those systems bring the value of all those jobs they replaced. Assuming the previous jobs paid $50k, that'd give those engineers a value of $500k. Also, with this increased level of automation, experience becomes less important because the new systems are both different and substitute the benefits of experience with perfection.

What happens is that entry level developer jobs go way up, but the difficulty of getting those jobs also increases. However, because of automation, the value created still goes up, so the industry keeps on getting bigger. What's in the short term at least is that this industry really likes the city and has huge amounts of money to pay for it. When this happens at a ridiculous scale, people are squeezed out.

Personally, I worry about a communist revolution, whether by ballot box or ammo box, sometime in the near future if this trend doesn't get resolved anytime soon.

[04kL4nD]

Interesting take:

Rebecca Solnit: Resisting Monoculture - Guernica / A Magazine of Art & Politics