Posted on 03/04/2017 1:09:04 AM PST by C19fan
You might think that, once you get through all the interviews and score a coveted position as a white-collar employee of a billion-dollar company, you'll be set. But if your job means living in the Bay Area, you may find that, even with a generous salary, you're having a hard time getting by. According to a write up in The Guardian, well-paid tech workers are struggling to pay for housing since the rents in and around San Francisco "by one measure are now the highest in the world." 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.
(Excerpt) Read more at cnbc.com ...
They can do exactly what everyone else does in that area; move farther out where you can afford the rent or house payment and commute.
They’ve had this same problem in every CA city decades.
Zuckerberg can’t build an apartment complex for his drones?
“Zuckerberg can’t build an apartment complex for his drones?”
That was my thought too
He can build them a town, pay them in Facebook dollars. They can live in Facebook housing, shop at the Facebook store and worship at the Facebook church.
Dummies wouldn’t know the difference.
A definite no-brainer.
LOL - getcha a Facebook girl. Make Facebook love. Have Facebook kids. Dine at the Facebook Bar and Grill. Get Facebook drunk. Spend the night in Facebook jail
It's going to be a wonderful life!
I think the key thing here is that nothing about Facebook demands that they stay in SF. This is strictly Zuckerberg’s false sense of reality in that he only wants to live there. They should have evaluated things....looked at the cost of staging a major operation like this and just said from the top forty cities of America....it makes no sense financially. They could have easily put the operation in Corpus Christi, Raleigh, or Colorado Springs....saving the company tons of money on salary structure.
Maybe Cuckerberg can move the whole operation to India.
Good points. He can afford it so who cares about the drones he employs. He’s a modern day Jay Gould.
...can’t do that because in Kalufornua illegal immigrants would have to have access to those same apartments,shopping,schools,etc,etc...
Reading thru comments on this thread is a little like the threads where some misguided Freepers seemed gleeful that the dams might burst or earthquakes might hit in California to create hardship for the liberals—as if politics should determine who has hardship, lives or dies...
Folks, there are people living in California who did not vote for Hillary. People need jobs—sometimes they do not have the luxury of choosing where they are working—or necessarily for whom they work if they need to put food on table, pay rent, etc.
I actually know a little about this...I have both friends and family in the Bay area.
This is not just about Facebook—the high price of housing affects anyone living in the Bay area. It is not just liberals who live there...there are conservatives and libertarians there—one of my best (conservative) friends and one of my sons are 2 examples.
My son does not particularly like the politics there—He would love to move back to the Midwest, but San Jose is where the jobs are for his field and he loves his job—and no, he cannot telecommute because he is involved in hardware. Same for my dear friend. Tho my son and friend have found solutions to the crazy housing situation there, many are not so fortunate.
Zuckerberg is a jerk, but to impugn all his employees or all who live in Bay area and work in technology-is really very unreasonable.
solution: upzone and eliminate a host of zoning regulations
the 216k per year figure may be true for san francisco city proper but as others have observed it is less in most of the surrounding communities.
Facebook engineer weenies want to live in SF because their hipster friends all hang out there. What is not mentioned is that their hipster friends double up in two bedroom apartments or even in studio apartments, pay exhorbitant inflated rents with the help of their parents, and have zero sense of what a life plan is. At 45 all they will have is their gold plated nickel nipple rings, a couple of beer pong trophies from their college dorm, a divorce settlement, alimony and a layoff notice from work after they’ve finished training their H1B replacement from bangalore.
and i believe facebook is headquartered in east palo alto, not san francisco. 32 miles by auto, against the commuter flow.
So, STFU, and set an example! Move to Dallas!
Clearly Facebook doesn’t pay a living wage.
Liberalism is still liberalism, even when it does a damn fine job feigning as capitalism.
The 216k per year figure may be true for san francisco city proper but as others have observed it is less in most of the surrounding communities.
Facebook engineer weenies want to live in SF because their hipster friends all hang out there. What is not mentioned is that their hipster friends double up in two bedroom apartments or even in studio apartments, pay exhorbitant inflated rents with the help of their parents, and have zero sense of what a life plan is. At 45 all they will have is their gold plated nickel nipple rings, a couple of beer pong trophies from their college dorm, a divorce settlement, alimony and a layoff notice from work after they’ve finished training their H1B replacement from bangalore.
and i believe facebook is headquartered in east palo alto, not san francisco. 32 miles by auto, against the commuter flow.
Facebook weenies...Well they are not all working for Facebook, and they are not all weenies.
Wow your post sure fits my earlier description...Seems you are happy to snidely stereotype all millenials working in technology in the Bay area...
Yes, some millennials want to live in San Fran because they like the social life—maybe looking for a significant other?; however, the rent is exorbitant in many surrounding communities as well.
I don’t know how many Bay area (and I don’t just mean San Fran) millennials you actually know who are working for various technology companies, but I can assure you that your description does not fit the description of anyone my son, a tech worker for a major company in San Jose, works with. My son, for one, has a life plan—make and save as much money as he can while his skills are in demand; is that a weenie?? I don’t think so. He is fortunate as he has a good living situation—at least for now. However, it is still relatively expensive, and he does not live in San Fransisco. He and his friends are working their butts off—working and going to school and frankly, they don’t have an extra four hours for commuting. Luckily they have flex time options because there are just not enough hours in the day to work, go to school and have a long-distance commute.
The fact that these young adults are doubling in apartments up to save on rent is not some sort of weakness, cop-out or a character flaw as you seem to imply—it is necessity.BTW, just how would you know how many are subsidized by parents—none that my son is living with or other friends kids that I know.... ‘
Again you stereotype about beer pong and gold-plated nipple rings...I have met my son’s roommates—no such things...Where do you get your information???
The one thing I will agree is that at some point, they will train their H-1B replacements from “bangalore”??? but unlike you, I don’t get some sort of cynical amusement out of the prospect.
Perhaps you should not paint with such a broad brush...
So, STFU, and set an example! Move to Dallas!
OK well seriously...You can do the same because you don’t know squat about the topic do you?
Your profile says you are from Massachusetts...I just love it when people who don’t know jack about the topic ante in...
Dallas does not even have the jobs that San Jose does nor does it have the specific field that my son and his colleagues are in ...so why would they move there???
Besides, FYI Dallas is going broke, why would people want to move there?
Get a clue.
Suck it up, buttercups!!! Somebody has got to pay for all the illegals!
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