>“I didn’t become a software engineer to be trying to make ends meet,” said a Twitter employee in his early 40s who earns a base salary of $160,000. It is, he added, a “pretty bad” income for raising a family in the Bay Area.
>“We make over $1m between us, but we can’t afford a house,” said a woman in her 50s who works in digital marketing for a major telecoms corporation, while her partner works as an engineer at a digital media company. “This is part of where the American dream is not working out here.”
>Another tech worker feeling excluded from the real estate market was 41-year-old Michael, who works at a networking firm in Silicon Valley and last year earned $700,000. Sick of his 22-mile commute to work, which can sometimes take up to two and half hours, he explored buying a property nearer work. Although he said his salary means he can afford to live a decent life, he finds the cost of living, combined with the terrible commute, unpalatable.
>In 2015, according to SmartAsset.com, the cost of living there was "62.6% higher than the U.S. average." In 2016, the same site found that you'd need to make at least $216,129 a year to afford the rent on an average two-bedroom apartment.
>The article recounts the frustrations of tech workers making between $100,000 and $700,000 a year and yet finding themselves rent-burdened, unable to save and commuting for hours each day. In one colorful example, an Apple employee lived until recently in a garage in Santa Cruz, using a bucket as a toilet.
>When did the American Dream™ die? 1919. woodrow wilson was to blame.
Eli Turner
1965.
Hunter Cook
>tfw you genuinely hope Kim Jong Un goes full retard and nukes San Francisco. I sincerely wish that nigga would. I hate these people and want them to die.
The moment the synagogue of Satan took over Mid 60s-70s
Evan Morgan
hunter thompson was kinda obsessed with the "death of the american dream" worth a read if you fancy it, in essence the consensus was when JFK was assasinated and LBJ ramped up the vietnam war 3 days later , all was lost , the decline was inevitable, a lot written on this subject, most of it angst ridden
Justin Nelson
sigh.. 1918
Carter Parker
> Get a raise at job > Jewish property owners raise prices to steal your money
Welcome to Capitalism. Enjoy your stay.
Alexander Davis
>Welcome to Capitalism. Enjoy your stay. This is late stage capitalism now, I wonder how much longer it will last
Mason Taylor
this is the correct answer
Jaxson Stewart
I'd say 1929. That was when America had to revert to becoming a military-industrial complex and basically the cancer of the world just to extend its life support by a little. Hasn't stopped ever since.
I think that if you guys just endured the poverty of the Depression and didn't become the monster you're now, you'd most likely be the most stable country right now as the free market would've found its own solutions. But no, let's plunder Europe and also lets tax everyone by 90% so we can cultivate our state-run military-industrial complex. Sadly, you became addicted to it and are now at a stage where you basically cannot exist without doing it
Aiden Ward
I can see it crashing within our lifetime. I give it a few more decades at most.
Jackson Hughes
>When did the American Dream™ die? 1913, Jekyll island
Cameron Richardson
>160,000 $ >Trying make ends meet
He's a moron
>“We make over $1m between us, but we can’t afford a house,” Crackhead whore
How can they fuck up this bad
Ian Parker
if kim nukes usa will that reset the economy?
Parker Wood
They're in the bay area, the average price for a house is over a million dollars. Rent is easily $3000 for a 1 bedroom apartment.
They're in one of the most expensive parts of the country and shocked when their 6-7 figure income doesn't make them wealthy.
Joseph Ward
This is what it sounds like to me. They make over ten times what I make and to have a cost of living at 62% higher than average they should still be filthy rich
Jeremiah Barnes
i know costs are high there, but they still seem retarded to me. Trying to live a moderate life in CA is worthless unless you're rich. They need to be in a studio living like misers, not buying ca wine valley beverages and whatnot, not to mention being in the latter half of their lives and not moving to another tech state now that they aren't entrants to the field anymore.
I don't feel any sorrow for commiefornia.
Ryder Hill
3 000 X 12 = 36 000
160 000 - 36 000 = 124 000 Left - there's no fucking excuses anda car costs about 250 to 350$ a month and I speak of Toyotas or Hondas.
I make about 20 000$ a year and can afford 20$ of weed per day, pay my rent and save $$$. They are just retards
Brandon Cooper
at that point why not live out of state and take an airplane to work. I just cant see myself struggling with 100K a year
Wyatt Young
I dont get why alot of these companies or people dont relocate or do remote work especially if they are just glorified code monkeys. Is it that 'prestigious' to be in silicon valley and getting payed 6 digits to live in a tiny apartment or have a 2+hour commute/
Asher Anderson
>“I didn’t become a software engineer to be trying to make ends meet,”
b-but m-muh work from anywhere on the globe! get fucked, IT slaves
Dominic Taylor
the american dream died in the 90s officially. the dream wasnt a house and 2.5 kids and 2 cars and retiring at 50. thats just what people wanted every one else to think
the american dream was global conquest through genocide. for soem reason they had selected the japanese to be first to be wiped out. lots of people didnt think that was ok and america got into trouble for a series of attempts including old shit decades old.
this caused a series of investigations internationally and that got the west into trouble. there will be no white only world in the future. you will have to behave to prevent eye for a eye justice and most of your weapons have been turned over to international sources. america included. most american nukes were handed over to russia and the bulk of the EUs military hardware for land turned over to the UN
William Stewart
Not when 90% of your salary is "stocks" and "health insurance" and other bonuses, user. Also, when you wait for your dividend on said stocks and Zuck says "naah, we won't pay this year, we will invest all XD"
Easton Miller
Wow, it's almost like flooding an area with foreign labour makes it worse
Dominic Foster
Fuck off with this "late stage capitalism" meme. This isn't capitalism at all-- all this shit is because of monopolies, high taxes, and government regulations. It's more socialist than it is capitalist.
Camden Green
Many of them do but the employees in the article don't actually want that. They want to be in a liberal cesspool... they just want to be there with less expenses. If any of these companies offered them a transfer to Fargo with no pay cut, most would not take it even though they could live like royalty there.
Alexander Bell
1913
Justin Thompson
>late stage capitalism Just a buzzword. "late stage capitalism" could last forever or at least as long as humans are around.
Jacob Barnes
true, but there's no reason to suffer a rent seeking society.
Colton Powell
I just left CA, its the only reason I know CA prices are just a foreign concept for most people. Again, bay area houses even for a modest house is EASILY over a million. Thats what, $7k+ per month per mortgage, plus taxes and upkeep. Thats at least $85k per year just in mortgage alone.
His salary may be $160,000, but income and federal taxes takes 33% of that in CA. He's probably paying for health insurance, retirement plan, and $3/gallon gas just to commute. Every little thing costs 20% more in CA because thats how liberals like it. Yeah I'm sure he's got money and spends more than he should because he realizes eating beans and rice isn't a fun thing to do. But again, if you're a programmer or whatever pulling a solid $150k, and only putting $10000 per year into savings, you realize you'll never be able to buy a house, never be able to give your wife and kids a life of luxury, and you're not making huge advancements in your own lifestyle. But, in their defense the critics aren't running the numbers for cost of living in CA. However they are right in that he should move somewhere else more affordable.
Matthew Torres
It's because "Silicon Valley" is a scam, you make lots of money but you can't afford shit. If you look for a job elsewhere you could make good money and have a good cost of living.
Parker Clark
This
Dylan Sullivan
This, for sure. It's fucking San fran, for fuck sake. The place is essentially a communist hell hole in America.
Ayden Torres
Honestly if I were him I would literally just be homeless/live in my car. Id rather save the money. I'm sure plenty of his tax dollars go to subsidizing all kind savings of welfare programs anyway, might as well take advantage of it
Henry Gutierrez
Probably since the morons are paying $400,000 mortgage equivalents in rent. >Why can't I afford to save? Stupid fucks. I just met a bitch that was barely making it paying $1,700 a month in rent. >that's sooo HIGH! Yeah, that's like paying for a $250-300,000 mortgage, stupid. The shit doesn't click with them. >If I could find a place for $700 a month, I would save $12,000 after one year. Duuurrr!!! >I'm 20 something years old and travelled to all these different places! >How am I supposed to save so much for a down payment? >My rent is ridiculously high! Dumb dumb dumb... They're getting cues from their boomer parents, watching them travel in their twilight years and copying them too early and equating it with success. >Boomers have had jobs for like their entire lives! Yeah, because they didn't fuck off during the bust your ass years and established themselves enough to take the time off later. Millenials especially are fucking oblivious as fuck while at the same time specialists at stating the obvious. Stupid motherfuckers.
Gabriel Brown
1965 immigration act.
Isaiah Reyes
Start learning trade skills. Start archiving information for your own purposes. Start learning skills people will need.
It'll happen pretty soon, and all the problems that are seemingly separate will all happen at once.
John Perez
Thats exactly what is giving rise to tiny houses and van-dwellings. They can afford a $60,000 loan for one of these and live as a hobo just to afford Bay area lifestyles.
Easton Rogers
>tfw live in Bay Area >tfw not in tech
Life is truly suffering
Lincoln Brown
Because they won't allow no construction.
I.e. Not capitalism.
William Edwards
how about stop going to work for these major tech companies. hell the internet made it super easy to work from hom, github etc.
Parker Robinson
I've no link to the article, but I read that the companies don't want them to work from outside the office.
Xavier Bell
when women entered the workforce, effectively cutting wages in half
Anthony Baker
thats what you get for having all tech giants in the same area >shitty leftists everywhere >insane cost of living
Wyatt Reyes
December 23, 1913
A day that will always live in infamy
Ethan Garcia
THE AMERICAN DREAM DIED WHEN POLITICIANS PAY 100K FOR A FAKE PEE PE DOSSIER
McCain and Comey paid 100k for fake pee pee dossier!
Lincoln Morris
>The article recounts the frustrations of tech workers making between $100,000 and $700,000 a year and yet finding themselves rent-burdened, unable to save and commuting for hours each day. In one colorful example, an Apple employee lived until recently in a garage in Santa Cruz, using a bucket as a toilet.
I know a shit-ton of people who make less than half of that(in some cases it's combined income), live in the bay area, and are still managing to get by; even with all this bullshit.
How you can make that much money and still find a way to be such a huge fuck up is fucking amazing.
That said, it gives you a nice glimpse into what these faggots actually think the working class is, and why they think they are part of it.
Jaxon Watson
>companies specialize in computer technology >still stuck in the 20th century paradigm of centralized offices In the age of cloud computing and video conferencing, there's no good reason to still have offices anymore. These people should all be working out of their homes scattered around the country. You could pay them half as much and they'd still be doing alright if they weren't all trying to live in San Francisco.
Caleb Gutierrez
My dad graduated college in the 80s and was making 45-50k fresh out of school.
I probably don't need to tell you that this salary has pretty much remained unchanged today.
>inb4 hurr hurr le liberal arts degree Eat a dick, most kids fresh out of STEM are making this much >inb4 hurr hurr I make le 70k starting Congrats, you're not the norm
Even my mom who was working as a hostess was making bank. I make 50k and I make the modern day equivalent of a fucking McDonalds employee in the 80s-90s.
Oh and btw, this is how they will bring about communism - when your labor as a specially skilled developer or engineer becomes as valuable as the unskilled labor of a bartender.
Cost of living is stupid fucking high if you want to live anywhere that has any industry or transferable, worthwhile skills - ie not being a cashier or pouring cement 60-70 hours a week.
Nathan Myers
They're like >I need to live here $1200 a month >I need a cellphone $100 a month >I need home internet $100 a month >Utilities, water, electric, gas... >$100 a month >Need to eat out every week, everyday $40 a day-ish x 5-ish x 4 = $800 a month >Need to travel places, drinks, concerts, shows, etc. Figure $1000 a month >Sooo... adding all that up, $3,300, it looks like I need to make at least $4,000 a month, take home. >WHERE ARE ALL THE GOOD PAYING JOBS!??!?
U R DO EEENG IT RONG
Joshua Howard
seems like the only problem is no bullet trains
Wyatt Brooks
kek made me laugh
Owen Taylor
That's a symptom not a cause.
David Rogers
Do you realize what Marx said about "late stage capitalism" wasn't actually promoting communism per say. What he meant by that is late stage capitalism becomes communism through its policies (globalism/internationalism for example) or it becomes communism because it becomes so ridiculous that people get sick of the system.
You dont have to promote communism to make a basic observation about the system we have today. Jesus christ fucking grow up you retarded faggot.
>implying you dont need a cell phone, electricity, gas or internet in this day and age
fucking kys
Nicholas Gonzalez
These anons are right. I'm a poorfag who lives in the SFBay Area™. Most of the people I know don't make anywhere near that kind of money and still get by. It's bad here, but it's not THAT bad.
I know plenty of people doing okay on much less than that. It's not easy, but it can be done. There are still many NEETS here, semi employed hipsters, new age hippies living at their income limit, etc. Where theres a will, theres a way.
TL;DR-- these articles are exaggerating shit, and these fags are clearly being picky and stupid. You can make it work if you really want to.
That being said, it *is* getting harder here, and it's pretty true that low middle class starts around 100K here. Anything below that and you're working class.
Elijah Price
This. If you have a central bank, you are by definition not capitalist.
Cameron Brooks
This is absolute bullshit, because you can rent in oakland in the hills a 2 bed house for under $2500. If you're willing to go down a bit, you can get one for under $2000.
If you're willing to move out into contra costa county and take the BART in, you can get one for $1700-$1800, and its only a 30-45 minute commute by train.
These dipshits want to live in the heart of SF.
Jeremiah Bailey
>“We make over $1m between us, but we can’t afford a house,” said a woman in her 50s who works in digital marketing for a major telecoms corporation, while her partner works as an engineer at a digital media company. “This is part of where the American dream is not working out here.”
I pay $900 a month for a nice apartment in the heart of San Francisco which I share with my bros and I only make $60k a year but live super comfortably and never short on cash.
These people aren't complaining because they can't afford a nice place, they're complaining because they can't afford a 10 bedroom mansion.
Colton Gomez
>What he meant by that is late stage capitalism becomes communism through its policies (globalism/internationalism for example) or it becomes communism because it becomes so ridiculous that people get sick of the system.
If that's the case, "Late stage capitalism" finished in the 70's and was killed off by Nixon.
William Brooks
>When companies became people. Stupid meme. If a corporation doesn't have legal personhood, you can't sue it.
Ethan Morgan
That's pretty accurate. 3-4K is about right for doing okay in the SF Bay Area™
But that's also if you're being an indulgent douche shitting your monies away because you unironically are nihilistic and see no future.
For example:
>$1000 for travel places, drinks, concerts, shows, etc.
Huge waste of money. Pick your batlles, don't go drink all the time, and save up. This is a major way that fags in the City like to literally piss away their hard earned cash so that they can feel social. Sad.
>$800 a month Need to eat out every week, everyday
This is a childish way to waste your money. Bad for your health, bad for your future. This can be cut back to a reasonable number if a person is willing to cook & prep meals, and shop at places that aren't Whole Foods™
Kayden Wilson
>doesn't understand basic economics >talks about capitalism
Luis Parker
i was actually thinking this just earlier. i might start a thread about it
Jaxson Davis
wow stick a bunch of the richest companies in the world into a single area jammed against the shore line and homes are going to be fucking expensive
WHO WOULD HAVE THOUGHT?
Parker Lopez
The article cites people you're anecdoting, fag. It says dumbfucks who crowdfund w/ roommates are driving up the renting costs for everyone. Like Mexicans. To many people, this is seen as a form of homelessness.
>getting by
I cannot fathom why "adults" are fine with both NOT paying to own and living with someone else that they aren't penetrating and receiving cooked meals on the reg. If you have a roommate after college, you're failing at life.
Andrew Thompson
LOL CS majors btfoed
Hunter Ortiz
Or, they could move to somewhere cheaper and still ply their skills... after all theirs skills should be usable anywhere that has internet access.
Of course this is assuming they are actually skilled, and not india-tier tech savvy
Hunter Miller
sincerely, FUCK YOU. You're talking about your fellow Americans. Youre talking about Sup Forums tards and good people. And some of the most beautiful land on the God damn planet. Sure, CA has more than it's fair share of degeneracy. But it's also got A LOT of really decent people here too.
TBQH, every time I read this kind of shit, it reeks of jealousy and internet shut-in ism. If you saw the state and the people for yourselves, you may feel differently. It's a good place, with a lot of good people.
Wishing a state to get nuked is just fucking LOW. When I saw Florida get fucked, I felt bad for all the good people there who don't deserve to have their lives ruined. Sure, there were looting niggers and degenerates in the streets. But there were more people just trying to live their lives that got fucked over.
Basically, FUCK YOU for being too ignorant to know the difference between an entire population and it's worst elements.
t. Califag.
Charles Edwards
>rrrrrrrreeee why isnt everyone perfect and just work at kmart like me!!!!!
James Hughes
this fag right here gets it.
Dylan King
>sincerely, FUCK YOU. You're talking about your fellow Americans. Youre talking about Sup Forums tards and good people. And some of the most beautiful land on the God damn planet. Sure, CA has more than it's fair share of degeneracy. But it's also got A LOT of really decent people here too. >TBQH, every time I read this kind of shit, it reeks of jealousy and internet shut-in ism. If you saw the state and the people for yourselves, you may feel differently. It's a good place, with a lot of good people. >Wishing a state to get nuked is just fucking LOW. When I saw Florida get fucked, I felt bad for all the good people there who don't deserve to have their lives ruined. Sure, there were looting niggers and degenerates in the streets. But there were more people just trying to live their lives that got fucked over. >Basically, FUCK YOU for being too ignorant to know the difference between an entire population and it's worst elements. >t. Califag. cringe
Parker Bell
reddit -->
Hudson Gonzalez
and FUCK YOU TOO
Grayson Rivera
If your a true Californian, you would want kim to fire at least 5 nukes at San Francisco
Ryder Cruz
"American dream" was a propaganda machine all along
Joshua Sullivan
Then get the fuck out of cali retards.
I make 80k/yr in the South east and own two homes at 26 lol
Easton White
how old are you, you little baby?
David Ward
Not since I live here and love the land. Just kick out all the transplants and it would be fine again. SF is based as fuck, and all the areas around it are top-tier.
Justin Brown
sure you do
Brandon Scott
Are bottles of Kristal really that much more expensive in Silicon Valley that cost of living is fucking relevant to you on a 700 k$ salary?
I'd not be able to spend even a % of that on consumption. I don't have room for that much shit and I don't like eating out that much.
Lincoln Lewis
Irrelevant. Can you make a point without going Ad Hominem?
Gabriel Richardson
>CA >A LOT of really decent people here lol no
Adam Evans
>kick out the transplants
ironic a Californian is saying this. I didn't realize trasnplants were ruining your communist state. How horrible. Unless by transplants you mean Mexicans.
Landon Clark
>unironically are nihilistic
Not so extreme? It's just trends, keeping up with the Joneses. You can fall into a click of everyone doing the same thing and find yourself in a never ending loop of going out and bitching about how hard it is while at the same time, like you said, indulging in unnecessary luxuries. Keeping up appearances but if you're disappointed with yourself and your situation, it doesn't matter how good it looks if everyone you know is struggling, you're not fooling anybody.
My example doesn't even include miscellaneous shopping that I'm sure is done maxing out credit cards.
It's just ridiculous.
Justin Smith
Califag here. I wouldn't even mind if America itself nuked commiefornia. The world would be a better place.
Mason Morris
based
only thing you can do is drink, shoot and write
Charles Jenkins
what's your point of reference? Where do you live? Have you traveled Ca and met people?
Oliver Cook
SF is fucked because the landlords lobby to stop demolition of old buildings and development of new ones.
If 30% of SF was bulldozed tomorrow and commie blocks were built Soviet style it would basically be a utopia.
But noooooo the system has to protect the Jewish landlords and not the average guy trying to make a living.
Benjamin Flores
All these tech heads should have spread out instead of all going to SF. Their employees are suffering because of it. Not that I care, all they do is spread liberal bullshit.
John Cox
Okay I'm still in the middle of closing on my 2nd. That's why I'm sitting on so much cash. I don't want to give away any identifiable data, so this is as much as I'm gonna post.
Jackson Johnson
>“We make over $1m between us, but we can’t afford a house,” said a woman in her 50s who works in digital marketing for a major telecoms corporation, while her partner works as an engineer at a digital media company. “This is part of where the American dream is not working out here.” Those poor fucking millionaires. Cry me a river
Jackson Wood
.....Why don't they just buy a house somewhere else?
Isaiah Price
Don't mix up a population and it's government. Is the US State the same thing as the people of the US?
Yes, transplants from Red States, Mexicans, Immigrants (mostly from Asia, and then everywhere else) do a lot to fuck up the local feel of the state. This has been more true in SF Bay than anywhere. Rich programmers being recruited from everywhere else but do not understand or connect with the local culture of the Bay, pricing everybody out and taking over, but not adding anything to the legacy & culture that has existed here since the Gold Rush. Ask any Ca native, they'll tell you how much it's changed in 30 years from fucking transplants.
Kayden Perez
Even when they are smart they are useful idiot liberal faggots.
Owen Watson
>we make $1m and can't afford a house Bull fucking shit. Bay Area is expensive as fuck but if you can't afford a house on over $1m annually you're a retard
Hudson Gonzalez
yeah, I get it. Seen so much of it. You're right, it's just trend following. Sad though how much people spend their 20's doing this shit and then wonder why they're not getting ahead.
Matthew Russell
>>implying you dont need a cell phone, electricity, gas or internet in this day and age
You do need those things. Those are given but in my example, its the train of thought about how people imbalance their lives while complaining about how hard it is to maintain it. At the end of the day, when you have all those costs and can't handle it, its time to find places to cut costs or suck it up and take in more money from somewhere. >when I live here and have all these bills and live this kind of life, I can't improve my situation in any way. Figure it out! They usually do by around 30 something. There are people in their 20s just killing it. Job, cars, house, wife, kids, vacations, you name it. There are others that are just dreaming. They gotta figure it out.
