[an]

[quote=rockingtime]One of day job is to price manpower here vs other places.
We usually give 2 reqs for a single req in san diego.
This is for engineering jobs and we have been doing pretty good with this model so far.
India/China is not cheap but good thing about these countries are: They have millions of engineers graduating every year. An young engineer with couple of years exp make an old engineer who is 10+ exp and bloated salary completely obsolete.

What you need is good mid level mgmt to manage and maintain the task/process flow along with clear directions.
Write code or testing is not rocket science and one does not get better with time which can command higher salary

If you are on cutting edge technology, then its even more level playing field between experienced or noob..[/quote]To use flu’s words… “If you say so…”

[an]

[quote=rockingtime]If they want to contain cost, they’d need to reduce their headcount in SD and increase # in low cost places like India/China
They can still keep their chip biz running with few k less engineers in sd.

A simple engineer in SD is no less/more than an engineer in China/India although a lot of folks here may argue against it[/quote]You area aware that they’are building a bunch of new buildings in Sorrento Valley, right? I don’t expect them to abandon those buildings. They also also have a few more in planning stages (they already acquired the land). So, I don’t foresee them drastically reducing head count indefinitely.

There’s no point in arguing about quality of engineers. Fact is, engineers from India/China and getting more and more expensive every year. That’s not even talking about additional over head cost associated with shipping projects over there. There are things that engineers in India and China do well and there are things that you need local engineers to do. Engineers are not as easily replaceable as you make it out to be. QCOM might be the big dog now, but I see Illumina expanding like crazy. Not to mention all the banks that are setting up shops in UTC. Then there are many other biotech companies in Sorrento Valley.

[an]

[quote=flu]Financially, yes (just not right now until my other foot is inside). Socially, it will suck. Maybe now is a good time to open an after school enrichment school in Carmel V though.[/quote]Why would it suck socially? I see it as a positive all around.

[an]

[quote=flu][quote=AN][quote=flu]
I was actually surprised by the 1 in 3 stats. I didn’t think it was anywhere near that so soon.[/quote]
What 1 in 3 stats?[/quote]

1 out of 3 homes purchased between $1-1.5m homes in my hood have been by Asian households..[/quote]Not surprised. Your hood still have a way to go to get to the same level as my hood :-). Not sure if you want your hood to get here though.

[an]

[quote=flu]
I was actually surprised by the 1 in 3 stats. I didn’t think it was anywhere near that so soon.[/quote]
What 1 in 3 stats?

[an]

[quote=rockingtime]I agree with point #1.
Point#2, qcom has not yet done big lay off in sd so far. They have been doing small lay offs for years

Point#3: This is a wild card. We can be in japan like situation where rates are permanently low[/quote]
They’ve already cut almost everybody that’s not QCT/QTL/Corp R&D/ESG. There’s not enough people left to have a major lay off, unless you see them shutting down their chip or licensing business, which I don’t see happening. So, I don’t foresee a major 5k+ people layoff coming any time soon. If there are layoffs, I do see small layoffs like what they’ve been doing.

As for rates, again I don’t see any data to prove rate causes housing price to move in one direction or another.

[an]

[quote=flu][quote=The-Shoveler]There is a lot more worry on why we are NOT building enough homes, than there is on prices being too high.

That is where the pressure will be applied IMO (generating more home building) and how to get it going.[/quote]

Just this weekend there was this home we were entertaining in my area. 1 day after open house, 4 offers with 24hrs and no backups accepted.[/quote]
A couple of months ago, I was considering this house in my hood. They didn’t even host an open house yet, we saw it w/in a few days of it hitting the market and it already have an offer with no appraisal contingency. End up selling for ~10% above ask price.

[an]

[quote=rockingtime]Major correct would need some major event to unfold it..
don’t see it coming, can think of few though
1) water crisis pushing people out ?
2) qcom lays off few K people in san diego ?
3) fed raises the interest rates in next couple of years ?[/quote]
1) Water crisis is here and I don’t see it pushing people out. It would just cause more brown lawn.
2) QCOM have been laying off and spinning off the last year or so. The RE prices have been going the other way.
3) We’ve talked about this before. There have never been strong data to prove rising rates cause price to fall.

[an]

It is a stupid watch. That doesn’t mean there won’t be a bunch of people who would want to buy one because it’s Apple. Those two things are not mutually exclusive.

[an]

[quote=spdrun]They’re still active in the form of HELOCs and protections from the 2013 foreclosure law running out. Also, even a 10-20% decline will put a lot more people under water again. This will of course more likely happen at the lower to middle end of the market.[/quote]
Prove it. I’m sick and tire of hearing about this shadow inventory. Been hearing about it for almost 10 years. When are they coming and how many? Would it actually affect market price?

[an]

We all know real estate are all local. I don’t see very may short sale around here. So your statement is false.

[an]

[quote=ocrenter][quote=AN][quote=ocrenter]My point is most people will settle into what their genetic predisposition and socioeconomic tendencies guide them toward. It is the default, it is what comes easiest. And while a select few will be able to go against the grain, the vast majority will not. And that vast majority will take perfectly fluid and malleable situations with multiple possibilities and outcomes and turn them into very predictable singular outcome scenario and blame such outcome on fate.[/quote]Here’s the definition of fate: “the development of events beyond a person’s control, regarded as determined by a supernatural power.” So, genetic predisposition and socioeconomic tendencies are all part of fate IMHO. I’m fully aware we do have choices, but looking back, my choices are either to do OK or crash and burn. I was never given a choice to do exceptional. I was never given a choice to play bball like Mike, or play golf like Tiger, or be smart and ingenuitive like Gates, Brin, Jobs, etc. So, I accepted my fate that I will never be rich like them and be able to live their lives. Because of my genetic and personality predisposition (fate or just plain old probability), I’m able to brake free from the heard (sometimes). Maybe that’s what I’m destined to be or how well off I would be.

Here’s an example of in when you’re born will make a HUGE difference: If you’re born around 1980 and study software engineering, when you graduate in 2002 with a BS in Engineering, you’re faced with the .com crash. So if you’re lucky enough to get a job, you’d be paid crap. You’d save for a few years and got married, so decide to buy a place around 2006. You’d be screwed. But if you actively go against the heard, which is probabilistic-ally low, then you’d be a little better off, because then you can buy in 2008-2011 for a pretty big discount. However, lets take that exact same scenario, but lets say you’re born 6 years earlier in 1974. You’d be graduating with a BS in Engineering in 1996. Lets say you’re just as lucky in landing a job and your company when IPO. You also found a wife and decide to buy a house 4 years after you graduated. Since you have $1-2M due to stock options, you’re able to either buy a huge house in very nice area or be able to buy a nice primary and many rentals. If you just follow the heard and keep on working, you’d still be very well off. If you go against the heard like your personality dictate, you’d sell all your rentals and primary in 2005-2006. Rent and buy back in 2008-2011. You see how being born 6 years apart can yield a drastically different financial outcome. This is assuming you’re keeping all variables the same.[/quote]

I do agree there’s always an element of fate in play, but all along the way there’s always the ability to alter fate. Certainly within reason of course. Nothing is set in stone is all I’m saying.[/quote]we can agree on that point. Many times, people use fate as an excuse for bad or indecisions.

[an]

Too bad you can’t order the base house w/out flooring and kitchen so you don’t waste money tearing it out.

[an]

[quote=flu]I agree. I’m just surprised why some people don’t value education, especially when more than often people in this country end up complaining how they are struggling financially and how limited their opportunities are.[/quote]I think those people don’t take personally responsibility. It’s not about how much you make, it’s how much you spend. I know a family of 6 living on a single electronic technician income in San Diego. They’re able to save, own a house in a decent area and not live pay check to pay check. After seeing how this family does it, I have to say that everyone who’s complaining are spending too much for their income.

[an]

Another good write up comparing Dart (Google) with TypeScript (Microsoft). http://jaxenter.com/angular-typescript-dart-115426.html

Angular when with TypeScript. I think Dart was created to replace Javascript, not Java. It’s just that team w/in Google trying to make Android into a FirefoxOS type of platform.

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