Monday March 06, 2017
A penny for your thoughts on the six-digit-earning tech workers scraping by
The San Francisco Examiner8 hours agoChill out — it was hail Finding God, country and the Goo Goo Dolls No ‘upscale’ wine bars on Pier 29 When ICE comes for SF immigrants, new hotline...
A penny for your thoughts on the six-digit-earning tech workers scraping by
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The range of emotions the article brought out on social media was wide and varied, from mocked pity, schadenfreude to genuine empathy for the tech workers in the story. It’s become a Rorschach test of its own; what you see in the article says more about you than the article itself.
Admittedly, there is plenty of material to make anyone — including me — laugh in disbelief or anger. “We make over $1M between us, but we can’t afford a house,” was an actual quote uttered by an actual person living among us. Another person priced out of the Bay Area said he won’t miss the day-to-day expenses, like “spending $8 on a bagel and coffee or $12 on freshly pressed juice.”
end quote.
6 figures I guess means they make at least 100,000 dollars per year. However, in this case I guess they mean 1,000,000 dollars a year. However, if you have watched what is happening in San Francisco (and most other coastal cities on the west coast) property values are skyrocketing with San Francisco being the worst from Techies from silicon valley buying property and driving up values in San Francisco through the roof. So, regular people with normal incomes who might have lived there in families since the Gold Rush are either forced to move or forced to sell their homes because they have quadrupled or more in sale value. So then, they take this money to somewhat not as expensive places like Portland or Seattle, but this then only causes the houses in those cities to rise fast too. So, there is this chain reaction in places like San Francisco, Portland and Seattle caused by rich techies form Silicon Valley deciding to live in San Francisco because it is beautiful there, the air is clear and it cannot flood there which may happen other places in California, this year and others in the future because San Francisco is on a peninsula and 3 sides are ocean, so that is where the ocean goes. Also, the air is clear almost always because it comes across 5000 to 6000 miles of ocean which purifies the air with rain and wind and waves. So, the Northern California coast all the way up into Canada is some of the clearest and least polluted air places on earth simply because of the clear clean winds off of the ocean which are the mostly prevailing ones year around that blow things to the East over the U.S. and Canada.
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