- This topic has 430 replies, 18 voices, and was last updated 15 years, 7 months ago by Nor-LA-SD-guy.
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April 17, 2009 at 6:59 PM #384000April 17, 2009 at 7:04 PM #383378Rt.66Participant
What’s the housing price to earnings ratio in Detriot right now?
2.5 weeks times earnings? LOL!
April 17, 2009 at 7:04 PM #383642Rt.66ParticipantWhat’s the housing price to earnings ratio in Detriot right now?
2.5 weeks times earnings? LOL!
April 17, 2009 at 7:04 PM #383835Rt.66ParticipantWhat’s the housing price to earnings ratio in Detriot right now?
2.5 weeks times earnings? LOL!
April 17, 2009 at 7:04 PM #383881Rt.66ParticipantWhat’s the housing price to earnings ratio in Detriot right now?
2.5 weeks times earnings? LOL!
April 17, 2009 at 7:04 PM #384012Rt.66ParticipantWhat’s the housing price to earnings ratio in Detriot right now?
2.5 weeks times earnings? LOL!
April 17, 2009 at 7:10 PM #383383SDEngineerParticipant[quote=Rt.66]Sounds like your doing well for yourself. I am sure there are not too many people capable of doing your job and willing to do it for much less.
And I’m sure your company will weather this storm with no need to go looking for someone to do the job for less:)[/quote]
Quite certain of that, yes. Believe me, I’m not making significantly above market rate for my grade. Simply put, there are not enough engineers in the U.S. to do all the jobs they want us to do, and there’s a limit to what kind of engineering jobs you can outsource and still maintain productivity. Anyone they found with a comparable skill set would want about the same pay package.
San Diego has a lot of those kinds of jobs, which is one reason why we did fairly well overall compared to the rest of the U.S. – most tech hubs did, because even though the dot com bust WAS a big bust, engineers are still in demand, and will be for the foreseeable future. The major difference between the dot com era and today is that you aren’t seeing hundreds of millionaire engineers being coined every month via IPO’s. There are still plenty of high paying jobs in the field. Heck, my company has open req’s for engineers in San Diego right now.
April 17, 2009 at 7:10 PM #383647SDEngineerParticipant[quote=Rt.66]Sounds like your doing well for yourself. I am sure there are not too many people capable of doing your job and willing to do it for much less.
And I’m sure your company will weather this storm with no need to go looking for someone to do the job for less:)[/quote]
Quite certain of that, yes. Believe me, I’m not making significantly above market rate for my grade. Simply put, there are not enough engineers in the U.S. to do all the jobs they want us to do, and there’s a limit to what kind of engineering jobs you can outsource and still maintain productivity. Anyone they found with a comparable skill set would want about the same pay package.
San Diego has a lot of those kinds of jobs, which is one reason why we did fairly well overall compared to the rest of the U.S. – most tech hubs did, because even though the dot com bust WAS a big bust, engineers are still in demand, and will be for the foreseeable future. The major difference between the dot com era and today is that you aren’t seeing hundreds of millionaire engineers being coined every month via IPO’s. There are still plenty of high paying jobs in the field. Heck, my company has open req’s for engineers in San Diego right now.
April 17, 2009 at 7:10 PM #383840SDEngineerParticipant[quote=Rt.66]Sounds like your doing well for yourself. I am sure there are not too many people capable of doing your job and willing to do it for much less.
And I’m sure your company will weather this storm with no need to go looking for someone to do the job for less:)[/quote]
Quite certain of that, yes. Believe me, I’m not making significantly above market rate for my grade. Simply put, there are not enough engineers in the U.S. to do all the jobs they want us to do, and there’s a limit to what kind of engineering jobs you can outsource and still maintain productivity. Anyone they found with a comparable skill set would want about the same pay package.
San Diego has a lot of those kinds of jobs, which is one reason why we did fairly well overall compared to the rest of the U.S. – most tech hubs did, because even though the dot com bust WAS a big bust, engineers are still in demand, and will be for the foreseeable future. The major difference between the dot com era and today is that you aren’t seeing hundreds of millionaire engineers being coined every month via IPO’s. There are still plenty of high paying jobs in the field. Heck, my company has open req’s for engineers in San Diego right now.
April 17, 2009 at 7:10 PM #383886SDEngineerParticipant[quote=Rt.66]Sounds like your doing well for yourself. I am sure there are not too many people capable of doing your job and willing to do it for much less.
And I’m sure your company will weather this storm with no need to go looking for someone to do the job for less:)[/quote]
Quite certain of that, yes. Believe me, I’m not making significantly above market rate for my grade. Simply put, there are not enough engineers in the U.S. to do all the jobs they want us to do, and there’s a limit to what kind of engineering jobs you can outsource and still maintain productivity. Anyone they found with a comparable skill set would want about the same pay package.
San Diego has a lot of those kinds of jobs, which is one reason why we did fairly well overall compared to the rest of the U.S. – most tech hubs did, because even though the dot com bust WAS a big bust, engineers are still in demand, and will be for the foreseeable future. The major difference between the dot com era and today is that you aren’t seeing hundreds of millionaire engineers being coined every month via IPO’s. There are still plenty of high paying jobs in the field. Heck, my company has open req’s for engineers in San Diego right now.
April 17, 2009 at 7:10 PM #384017SDEngineerParticipant[quote=Rt.66]Sounds like your doing well for yourself. I am sure there are not too many people capable of doing your job and willing to do it for much less.
And I’m sure your company will weather this storm with no need to go looking for someone to do the job for less:)[/quote]
Quite certain of that, yes. Believe me, I’m not making significantly above market rate for my grade. Simply put, there are not enough engineers in the U.S. to do all the jobs they want us to do, and there’s a limit to what kind of engineering jobs you can outsource and still maintain productivity. Anyone they found with a comparable skill set would want about the same pay package.
San Diego has a lot of those kinds of jobs, which is one reason why we did fairly well overall compared to the rest of the U.S. – most tech hubs did, because even though the dot com bust WAS a big bust, engineers are still in demand, and will be for the foreseeable future. The major difference between the dot com era and today is that you aren’t seeing hundreds of millionaire engineers being coined every month via IPO’s. There are still plenty of high paying jobs in the field. Heck, my company has open req’s for engineers in San Diego right now.
April 17, 2009 at 7:11 PM #383388Rt.66Participant[quote=jpinpb][quote=Nor-LA-SD-guy]
One thing I would add here is, I think a lot of people on this board keep comparing this bubble to (thinking is like) 1991-1997 .
This bubble is nothing like 1991-1997[/quote]One major difference in that bubble is we did not require government intervention.
[/quote]That’s a good illustration. And its not just a little intervention is it? Nope, its massive intervention every few months with little to no effect other than making very rich bankers even richer.
April 17, 2009 at 7:11 PM #383652Rt.66Participant[quote=jpinpb][quote=Nor-LA-SD-guy]
One thing I would add here is, I think a lot of people on this board keep comparing this bubble to (thinking is like) 1991-1997 .
This bubble is nothing like 1991-1997[/quote]One major difference in that bubble is we did not require government intervention.
[/quote]That’s a good illustration. And its not just a little intervention is it? Nope, its massive intervention every few months with little to no effect other than making very rich bankers even richer.
April 17, 2009 at 7:11 PM #383844Rt.66Participant[quote=jpinpb][quote=Nor-LA-SD-guy]
One thing I would add here is, I think a lot of people on this board keep comparing this bubble to (thinking is like) 1991-1997 .
This bubble is nothing like 1991-1997[/quote]One major difference in that bubble is we did not require government intervention.
[/quote]That’s a good illustration. And its not just a little intervention is it? Nope, its massive intervention every few months with little to no effect other than making very rich bankers even richer.
April 17, 2009 at 7:11 PM #383891Rt.66Participant[quote=jpinpb][quote=Nor-LA-SD-guy]
One thing I would add here is, I think a lot of people on this board keep comparing this bubble to (thinking is like) 1991-1997 .
This bubble is nothing like 1991-1997[/quote]One major difference in that bubble is we did not require government intervention.
[/quote]That’s a good illustration. And its not just a little intervention is it? Nope, its massive intervention every few months with little to no effect other than making very rich bankers even richer.
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