Apple to hire 5,000 people in San Diego

[gzz]

https://www.10news.com/news/local-news/apple-to-add-thousands-of-jobs-in-san-diego

I saw their new HQ on a flight to SFO this weekend, very cool and huge.

[Escoguy]

One more reason to hold on to any property you own here.

[The-Shoveler]

Wow!

[XBoxBoy]

More and more I get the feeling that north county coastal is on its way to being the new Silicon Valley when it comes to real estate. Five years from now NCC could be the most expensive real estate in California.

[sdrealtor]

Ive been calling for it for over 15 years here. The quality of life is unmatched in many ways here. I knew it was a matter of time but always thought it would be a slower process than what we are seeing

[an]

It was slow, until COVID which shook everything up. This is the new normal and we’re not going back.

[Escoguy]

In eastern Germany, after the Berlin wall fell, there was a split in how time was referenced “vor der Wende” or “nach der Wende” as the change was so fundamental to all aspects of society.

We may also end up speaking about time in such a manner as pre-covid and post covid as many things won’t be the same, in particular attitudes towards working from home, wanting more space etc.

Maybe we can find a more eloquent way to express it (pre 2020) or “through 19”.

Still thinking Covid will linger in odd pockets so not sure we will have a clean post-covid. Personally would like to find a reference without the virus.

[Escoguy]

In eastern Germany, after the Berlin wall fell, there was a split in how time was referenced “vor der Wende” or “nach der Wende” as the change was so fundamental to all aspects of society.

We may also end up speaking about time in such a manner as pre-covid and post covid as many things won’t be the same, in particular attitudes towards working from home, wanting more space etc.

Maybe we can find a more eloquent way to express it (pre 2020) or “through 19”.

Still thinking Covid will linger in odd pockets so not sure we will have a clean post-covid. Personally would like to find a reference without the virus.

[sdduuuude]

Pre-20 / Post-20
PrePan / PostPan
Pre-bat / Post-bat

[DaCounselor]

Funny thing is that the average Apple engineer is probably already priced out of the best North County areas….

[sdrealtor]

[quote=DaCounselor]Funny thing is that the average Apple engineer is probably already priced out of the best North County areas….[/quote]

Welcome back! Things are sure wild in our hood. New record coming soon

[an]

[quote=DaCounselor]Funny thing is that the average Apple engineer is probably already priced out of the best North County areas….[/quote]
Unless those Apple engineers came from Bay Area, in which case, they’re used to pay crazy housing price relative to their income.

[DaCounselor]

So were are going north of $1.8 mil in LCV? Can we hit $2 mil this year? Insane.

Re: Apple many engineers are renters, they are way priced out of Sunnyvale, Cupertino, Mountain View, etc.

I do see major value inflation in many metro areas nationwide so I guess we’re not so special here in SD after all?

Can’t imagine how this trend can continue much longer but wtf do I know?!

[The-Shoveler]

I got to imagine most Apple engineers are making 130K or above, if you get two I am sure they could afford something fairly close. one. maybe not right along the coast but maybe 10-15 miles inland. or further north.

People do commute even in San Jose LOL

[an]

$130k? That’s probably regular software engineer salary. 5-10 years of experience and you’re looking at base of $150k-ish. Added in RSU, ESPP, cash/stock bonus, etc. and you’re probably looking at $160-190k. So, if you have two of them making similar, you’re now at $320-380k/year. Can probably afford $1.5-2M.

[Author]

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