50% off is the regular price.

[temeculaguy]

The misleading part about median income to median house it it fails to chop off the bottom 1/3 of earners who will not be/should not be buyers. S.D. is historically in the 4-7x median to median with some sub 4 years and the most recent bubble hitting 11. Apartments dwellers are included in the median income but the apartments themselves are not included in the median sales price because they are not sold individually. So you are including players into the statistical game on one side of the formula yet they aren’t on the other side. If nothing was rented and all apartments were individually owned as condos the numbers would be true, the current formula is flawed.

S.D. had a worse median to median ratio than detroit and I’ll bet Hawaii is worse than S.D., history of a particular market matter, not national or rustbelt numbers.

In fact I ran Lahaina in Maui, 61k median income, 1.8 million median home price

http://realestate.yahoo.com/Hawaii/Lahaina/neighborhoods;_ylt=AgdtNwgl5yQZNgk2QDrAHvKWxol4?p=lahaina%2C+hawaii&redir=1

If rt.66 is right and we get to buy a pad on maui for 2.5x median income, I’ll pack my shit right now.

I actually like Southwest Maui better (Kihei, Wailea, Makena) and the median there was only 54k, the good news is that houses were much cheaper, 850k median, so when I can get one for 125k, I wont even bother packing, I’ll get new stuff once I get there.

http://realestate.yahoo.com/Hawaii/Kihei/neighborhoods;_ylt=AgdtNwgl5yQZNgk2QDrAHvKWxol4?p=Kihei%2C+HI&search=Search&redir=1

[Coronita]

These two modes of operation in working with overseas software engineers
(1) contracting the work with outsource consulting companies
(2) opening a overseas office and hiring locally.

Here are two challenges with the current predicament…

(1)Outsourcing work to contracting companies is not cheap anymore (2) turnover rate is horrendous, which is an issue if you hire contractors OR open a overseas office.

(1)The going rate for good contractors in India can be as much as $75/hr. While that’s not that much for a us contractor, it’s not exactly 1/10 of a cost that many people make it out to be.

(2)Turnover is a huge problem in india. Part of this problem is because the software business in india is still doing well and there are a lot of companies chasing fewer employees. Part of the problem is the huge discrepancy between what companies are getting and what employees of that company are getting. Folks gripe about the disparity of pay between CEOs and worker bees here…It’s much worse overseas……As such, some of these engineers are doing exactly what software enginerds here did during the dot com boom…They are jumping ship from one company to another, and getting raises each time, with the average stay at each employer less than 1 year (sound familiar?). What does this mean for american companies that hire such contract work or opening an remote office without oversight in the U.S.? Simple…One big hairball of a mess…because these engineers know that since they aren’t going to be working there in 1 year, there’s 0 accountability. All too much in the past, projects were sent overseas, with specifications that weren’t exactly 100% spelled out and with little oversight…What was returned was a bunch of spaghetti wired software slapped together which cost a fortune to untangle.

To solve this issue you could

(1) throw away the work and start over and when done, throw that back over the fence overseas….

(2) Or pay your remote offices salaries above market rates for the best people so that they won’t leave…And when that happens, it’s not 1/10 of the cost of an american enginerd as some claim it to be.

Long winded answer for…this isn’t the end of american software enginerds in the near future…Until someone creates robots that can write software.

[Coronita]

These two modes of operation in working with overseas software engineers
(1) contracting the work with outsource consulting companies
(2) opening a overseas office and hiring locally.

Here are two challenges with the current predicament…

(1)Outsourcing work to contracting companies is not cheap anymore (2) turnover rate is horrendous, which is an issue if you hire contractors OR open a overseas office.

(1)The going rate for good contractors in India can be as much as $75/hr. While that’s not that much for a us contractor, it’s not exactly 1/10 of a cost that many people make it out to be.

(2)Turnover is a huge problem in india. Part of this problem is because the software business in india is still doing well and there are a lot of companies chasing fewer employees. Part of the problem is the huge discrepancy between what companies are getting and what employees of that company are getting. Folks gripe about the disparity of pay between CEOs and worker bees here…It’s much worse overseas……As such, some of these engineers are doing exactly what software enginerds here did during the dot com boom…They are jumping ship from one company to another, and getting raises each time, with the average stay at each employer less than 1 year (sound familiar?). What does this mean for american companies that hire such contract work or opening an remote office without oversight in the U.S.? Simple…One big hairball of a mess…because these engineers know that since they aren’t going to be working there in 1 year, there’s 0 accountability. All too much in the past, projects were sent overseas, with specifications that weren’t exactly 100% spelled out and with little oversight…What was returned was a bunch of spaghetti wired software slapped together which cost a fortune to untangle.

To solve this issue you could

(1) throw away the work and start over and when done, throw that back over the fence overseas….

(2) Or pay your remote offices salaries above market rates for the best people so that they won’t leave…And when that happens, it’s not 1/10 of the cost of an american enginerd as some claim it to be.

Long winded answer for…this isn’t the end of american software enginerds in the near future…Until someone creates robots that can write software.

[Coronita]

These two modes of operation in working with overseas software engineers
(1) contracting the work with outsource consulting companies
(2) opening a overseas office and hiring locally.

Here are two challenges with the current predicament…

(1)Outsourcing work to contracting companies is not cheap anymore (2) turnover rate is horrendous, which is an issue if you hire contractors OR open a overseas office.

(1)The going rate for good contractors in India can be as much as $75/hr. While that’s not that much for a us contractor, it’s not exactly 1/10 of a cost that many people make it out to be.

(2)Turnover is a huge problem in india. Part of this problem is because the software business in india is still doing well and there are a lot of companies chasing fewer employees. Part of the problem is the huge discrepancy between what companies are getting and what employees of that company are getting. Folks gripe about the disparity of pay between CEOs and worker bees here…It’s much worse overseas……As such, some of these engineers are doing exactly what software enginerds here did during the dot com boom…They are jumping ship from one company to another, and getting raises each time, with the average stay at each employer less than 1 year (sound familiar?). What does this mean for american companies that hire such contract work or opening an remote office without oversight in the U.S.? Simple…One big hairball of a mess…because these engineers know that since they aren’t going to be working there in 1 year, there’s 0 accountability. All too much in the past, projects were sent overseas, with specifications that weren’t exactly 100% spelled out and with little oversight…What was returned was a bunch of spaghetti wired software slapped together which cost a fortune to untangle.

To solve this issue you could

(1) throw away the work and start over and when done, throw that back over the fence overseas….

(2) Or pay your remote offices salaries above market rates for the best people so that they won’t leave…And when that happens, it’s not 1/10 of the cost of an american enginerd as some claim it to be.

Long winded answer for…this isn’t the end of american software enginerds in the near future…Until someone creates robots that can write software.

[Coronita]

These two modes of operation in working with overseas software engineers
(1) contracting the work with outsource consulting companies
(2) opening a overseas office and hiring locally.

Here are two challenges with the current predicament…

(1)Outsourcing work to contracting companies is not cheap anymore (2) turnover rate is horrendous, which is an issue if you hire contractors OR open a overseas office.

(1)The going rate for good contractors in India can be as much as $75/hr. While that’s not that much for a us contractor, it’s not exactly 1/10 of a cost that many people make it out to be.

(2)Turnover is a huge problem in india. Part of this problem is because the software business in india is still doing well and there are a lot of companies chasing fewer employees. Part of the problem is the huge discrepancy between what companies are getting and what employees of that company are getting. Folks gripe about the disparity of pay between CEOs and worker bees here…It’s much worse overseas……As such, some of these engineers are doing exactly what software enginerds here did during the dot com boom…They are jumping ship from one company to another, and getting raises each time, with the average stay at each employer less than 1 year (sound familiar?). What does this mean for american companies that hire such contract work or opening an remote office without oversight in the U.S.? Simple…One big hairball of a mess…because these engineers know that since they aren’t going to be working there in 1 year, there’s 0 accountability. All too much in the past, projects were sent overseas, with specifications that weren’t exactly 100% spelled out and with little oversight…What was returned was a bunch of spaghetti wired software slapped together which cost a fortune to untangle.

To solve this issue you could

(1) throw away the work and start over and when done, throw that back over the fence overseas….

(2) Or pay your remote offices salaries above market rates for the best people so that they won’t leave…And when that happens, it’s not 1/10 of the cost of an american enginerd as some claim it to be.

Long winded answer for…this isn’t the end of american software enginerds in the near future…Until someone creates robots that can write software.

[Coronita]

These two modes of operation in working with overseas software engineers
(1) contracting the work with outsource consulting companies
(2) opening a overseas office and hiring locally.

Here are two challenges with the current predicament…

(1)Outsourcing work to contracting companies is not cheap anymore (2) turnover rate is horrendous, which is an issue if you hire contractors OR open a overseas office.

(1)The going rate for good contractors in India can be as much as $75/hr. While that’s not that much for a us contractor, it’s not exactly 1/10 of a cost that many people make it out to be.

(2)Turnover is a huge problem in india. Part of this problem is because the software business in india is still doing well and there are a lot of companies chasing fewer employees. Part of the problem is the huge discrepancy between what companies are getting and what employees of that company are getting. Folks gripe about the disparity of pay between CEOs and worker bees here…It’s much worse overseas……As such, some of these engineers are doing exactly what software enginerds here did during the dot com boom…They are jumping ship from one company to another, and getting raises each time, with the average stay at each employer less than 1 year (sound familiar?). What does this mean for american companies that hire such contract work or opening an remote office without oversight in the U.S.? Simple…One big hairball of a mess…because these engineers know that since they aren’t going to be working there in 1 year, there’s 0 accountability. All too much in the past, projects were sent overseas, with specifications that weren’t exactly 100% spelled out and with little oversight…What was returned was a bunch of spaghetti wired software slapped together which cost a fortune to untangle.

To solve this issue you could

(1) throw away the work and start over and when done, throw that back over the fence overseas….

(2) Or pay your remote offices salaries above market rates for the best people so that they won’t leave…And when that happens, it’s not 1/10 of the cost of an american enginerd as some claim it to be.

Long winded answer for…this isn’t the end of american software enginerds in the near future…Until someone creates robots that can write software.

[Anonymous]

Sdengineer, what company do you work for? I know a couple local software engineers who are recently layed off, the job market is difficult right now for engineers in San Diego (and probably everywhere).

I recruited at a high tech job fair a few months ago here in town and it was shocking how many people were looking for work, and how few companies were represented at the fair. The difference from a couple years ago was startling.

I have to disagree that there is enough work to employee all engineers in the US. The fact is in a down economy with severe credit problems, it is difficult for companies, particulaly start ups to get any kind of venture capital. Without funding, there is no jobs.

This may only be temporary but the fact is, the job market is bad right onw, and getting worse. Engineers are not immune.

[Anonymous]

Sdengineer, what company do you work for? I know a couple local software engineers who are recently layed off, the job market is difficult right now for engineers in San Diego (and probably everywhere).

I recruited at a high tech job fair a few months ago here in town and it was shocking how many people were looking for work, and how few companies were represented at the fair. The difference from a couple years ago was startling.

I have to disagree that there is enough work to employee all engineers in the US. The fact is in a down economy with severe credit problems, it is difficult for companies, particulaly start ups to get any kind of venture capital. Without funding, there is no jobs.

This may only be temporary but the fact is, the job market is bad right onw, and getting worse. Engineers are not immune.

[Anonymous]

Sdengineer, what company do you work for? I know a couple local software engineers who are recently layed off, the job market is difficult right now for engineers in San Diego (and probably everywhere).

I recruited at a high tech job fair a few months ago here in town and it was shocking how many people were looking for work, and how few companies were represented at the fair. The difference from a couple years ago was startling.

I have to disagree that there is enough work to employee all engineers in the US. The fact is in a down economy with severe credit problems, it is difficult for companies, particulaly start ups to get any kind of venture capital. Without funding, there is no jobs.

This may only be temporary but the fact is, the job market is bad right onw, and getting worse. Engineers are not immune.

[Anonymous]

Sdengineer, what company do you work for? I know a couple local software engineers who are recently layed off, the job market is difficult right now for engineers in San Diego (and probably everywhere).

I recruited at a high tech job fair a few months ago here in town and it was shocking how many people were looking for work, and how few companies were represented at the fair. The difference from a couple years ago was startling.

I have to disagree that there is enough work to employee all engineers in the US. The fact is in a down economy with severe credit problems, it is difficult for companies, particulaly start ups to get any kind of venture capital. Without funding, there is no jobs.

This may only be temporary but the fact is, the job market is bad right onw, and getting worse. Engineers are not immune.

[Anonymous]

Sdengineer, what company do you work for? I know a couple local software engineers who are recently layed off, the job market is difficult right now for engineers in San Diego (and probably everywhere).

I recruited at a high tech job fair a few months ago here in town and it was shocking how many people were looking for work, and how few companies were represented at the fair. The difference from a couple years ago was startling.

I have to disagree that there is enough work to employee all engineers in the US. The fact is in a down economy with severe credit problems, it is difficult for companies, particulaly start ups to get any kind of venture capital. Without funding, there is no jobs.

This may only be temporary but the fact is, the job market is bad right onw, and getting worse. Engineers are not immune.

[SDEngineer]

[quote=deadzone]Sdengineer, what company do you work for? I know a couple local software engineers who are recently layed off, the job market is difficult right now for engineers in San Diego (and probably everywhere).

I recruited at a high tech job fair a few months ago here in town and it was shocking how many people were looking for work, and how few companies were represented at the fair. The difference from a couple years ago was startling.

I have to disagree that there is enough work to employee all engineers in the US. The fact is in a down economy with severe credit problems, it is difficult for companies, particulaly start ups to get any kind of venture capital. Without funding, there is no jobs.

This may only be temporary but the fact is, the job market is bad right onw, and getting worse. Engineers are not immune.[/quote]

Sorry, didn’t mean to imply that engineers were completely immune. The fact is that most companies right now are in a hiring freeze, which impacts new job seekers. Few companies that I’m aware of, however, are actively laying engineers off. During a downturn, this seems to be normal behavior for most companies (excluding tech led recessions like the dot com bust).

I work for a hospital equipment manufacturer in San Diego. Won’t say which one, but there are several companies fitting this description in San Diego, and I know that ALL of us are hiring engineers right now (for specific needs). What we are not doing right now is hiring newly degreed engineers – that is, unfortunately, something that happens during pretty much all downturns. New college graduates unfortunately get the short end of the stick in every recession.

Those degrees, however, are not useless – on the next uptick, expect all of them to be hired relatively quickly.

No job category is completely immune, but what is outside of medical professions? During normal economic conditions, engineering probably has one of the lowest unemployment rates around, and even during recessions in most cases engineering jobs (once landed anyway) are typically fairly recession proof.

I’d wager that the high proportion of engineering and other high tech/biotech jobs, as well as the military, are the reasons San Diego is doing much better compared to the rest of CA in terms of unemployment rate.

[SDEngineer]

[quote=deadzone]Sdengineer, what company do you work for? I know a couple local software engineers who are recently layed off, the job market is difficult right now for engineers in San Diego (and probably everywhere).

I recruited at a high tech job fair a few months ago here in town and it was shocking how many people were looking for work, and how few companies were represented at the fair. The difference from a couple years ago was startling.

I have to disagree that there is enough work to employee all engineers in the US. The fact is in a down economy with severe credit problems, it is difficult for companies, particulaly start ups to get any kind of venture capital. Without funding, there is no jobs.

This may only be temporary but the fact is, the job market is bad right onw, and getting worse. Engineers are not immune.[/quote]

Sorry, didn’t mean to imply that engineers were completely immune. The fact is that most companies right now are in a hiring freeze, which impacts new job seekers. Few companies that I’m aware of, however, are actively laying engineers off. During a downturn, this seems to be normal behavior for most companies (excluding tech led recessions like the dot com bust).

I work for a hospital equipment manufacturer in San Diego. Won’t say which one, but there are several companies fitting this description in San Diego, and I know that ALL of us are hiring engineers right now (for specific needs). What we are not doing right now is hiring newly degreed engineers – that is, unfortunately, something that happens during pretty much all downturns. New college graduates unfortunately get the short end of the stick in every recession.

Those degrees, however, are not useless – on the next uptick, expect all of them to be hired relatively quickly.

No job category is completely immune, but what is outside of medical professions? During normal economic conditions, engineering probably has one of the lowest unemployment rates around, and even during recessions in most cases engineering jobs (once landed anyway) are typically fairly recession proof.

I’d wager that the high proportion of engineering and other high tech/biotech jobs, as well as the military, are the reasons San Diego is doing much better compared to the rest of CA in terms of unemployment rate.

[SDEngineer]

[quote=deadzone]Sdengineer, what company do you work for? I know a couple local software engineers who are recently layed off, the job market is difficult right now for engineers in San Diego (and probably everywhere).

I recruited at a high tech job fair a few months ago here in town and it was shocking how many people were looking for work, and how few companies were represented at the fair. The difference from a couple years ago was startling.

I have to disagree that there is enough work to employee all engineers in the US. The fact is in a down economy with severe credit problems, it is difficult for companies, particulaly start ups to get any kind of venture capital. Without funding, there is no jobs.

This may only be temporary but the fact is, the job market is bad right onw, and getting worse. Engineers are not immune.[/quote]

Sorry, didn’t mean to imply that engineers were completely immune. The fact is that most companies right now are in a hiring freeze, which impacts new job seekers. Few companies that I’m aware of, however, are actively laying engineers off. During a downturn, this seems to be normal behavior for most companies (excluding tech led recessions like the dot com bust).

I work for a hospital equipment manufacturer in San Diego. Won’t say which one, but there are several companies fitting this description in San Diego, and I know that ALL of us are hiring engineers right now (for specific needs). What we are not doing right now is hiring newly degreed engineers – that is, unfortunately, something that happens during pretty much all downturns. New college graduates unfortunately get the short end of the stick in every recession.

Those degrees, however, are not useless – on the next uptick, expect all of them to be hired relatively quickly.

No job category is completely immune, but what is outside of medical professions? During normal economic conditions, engineering probably has one of the lowest unemployment rates around, and even during recessions in most cases engineering jobs (once landed anyway) are typically fairly recession proof.

I’d wager that the high proportion of engineering and other high tech/biotech jobs, as well as the military, are the reasons San Diego is doing much better compared to the rest of CA in terms of unemployment rate.

[SDEngineer]

[quote=deadzone]Sdengineer, what company do you work for? I know a couple local software engineers who are recently layed off, the job market is difficult right now for engineers in San Diego (and probably everywhere).

I recruited at a high tech job fair a few months ago here in town and it was shocking how many people were looking for work, and how few companies were represented at the fair. The difference from a couple years ago was startling.

I have to disagree that there is enough work to employee all engineers in the US. The fact is in a down economy with severe credit problems, it is difficult for companies, particulaly start ups to get any kind of venture capital. Without funding, there is no jobs.

This may only be temporary but the fact is, the job market is bad right onw, and getting worse. Engineers are not immune.[/quote]

Sorry, didn’t mean to imply that engineers were completely immune. The fact is that most companies right now are in a hiring freeze, which impacts new job seekers. Few companies that I’m aware of, however, are actively laying engineers off. During a downturn, this seems to be normal behavior for most companies (excluding tech led recessions like the dot com bust).

I work for a hospital equipment manufacturer in San Diego. Won’t say which one, but there are several companies fitting this description in San Diego, and I know that ALL of us are hiring engineers right now (for specific needs). What we are not doing right now is hiring newly degreed engineers – that is, unfortunately, something that happens during pretty much all downturns. New college graduates unfortunately get the short end of the stick in every recession.

Those degrees, however, are not useless – on the next uptick, expect all of them to be hired relatively quickly.

No job category is completely immune, but what is outside of medical professions? During normal economic conditions, engineering probably has one of the lowest unemployment rates around, and even during recessions in most cases engineering jobs (once landed anyway) are typically fairly recession proof.

I’d wager that the high proportion of engineering and other high tech/biotech jobs, as well as the military, are the reasons San Diego is doing much better compared to the rest of CA in terms of unemployment rate.

[Author]

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