I totally agree with a lot of the post regarding how tech is not going to save housing. To the OP who mentioned QCOM, remember that QCOM is still no where near its 52 week high. So engineers at QCOM who got options last year, their options are now still under water. I work at a large telecom company as a software engineer and I can attest to the lack of options & pay raise. You’ll be happy if you get a 3-4% pay raise. I also agree with Nor_LA-Temcu-SD-Guy that engineers are practical types. We tend to be more conservative with our money in regards to housing. Buying tech toys is a whole different issue :-).