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kev374
ParticipantParticipantPersonally I think it will be a tight race but Hillary will ultimately win. Trump just does not have the broad support required.
ParticipantAs much as I dislike Hillary I can’t imagine the thought of Trump winning, that would be a disaster! If by some horrible sequence of events Trump manages to win I think our other political forces need to figure out how to impeach him as soon as possible so that we can save our nation from further damage. He has done enough damage already!!!
Participantcheck this listing out LMAO!
http://www.realtor.com/realestateandhomes-detail/1020-E-75th-St_Los-Angeles_CA_90001_M12384-35149
ParticipantIrvine is not coastal… coastal area would be Newport Beach, which is in the multi millions not $750k!
ParticipantI beg to differ… I think speculation is rampant in this market and investors/speculators can exit the market and dump their assets with the same intensity as what happened in 07-08.
Many of these properties are linked to returns on funds and if there is a economic downturn and the assets are not performing it will be time to liquidate/shutdown as people pull money out of the funds.
I see a lot of people in the media say it’s not like the last time just because NINJA loans are absent.. that is hogwash. Bubbles can be caused in a variety of ways..the common denominator being speculative greed. It does not matter if it’s the investor leveraging credit or the common man doing it by taking NINJA loans.
ParticipantThere is no real estate bubble, infact things are going to get even higher I think because money is flying out of China and the rest of the world into the US and real estate is the target of that money. That phenomenon is here to stay.
Compared to the rest of the world real estate in the US is still incredibly cheap, even in hot areas like LA and SFO.
I can easily see the median price of a home in San Diego approach $1 million in the next few years just due to influx of foreign money.
Participantwhat I am saying is based on the complexity I face on a day to day basis on designing and architecting systems (and yes, just because my designation is Sr. Software Engineer does not mean I am not expected to design, re-design, re-factor, deconstruct and re-configure and re-architect crappy existing systems) I should be making MINIMUM of $200,000…
people are crying about increasing minimum wage, what about the rest of us? Every year the wages are going down but workload and complexity is going up, constantly need to learn new stuff… it’s crazy.
Some of these systems are so complex it makes my head hurt… right now dealing with inhouse designed OO javascript framework, this thing has like probably 500,000 lines of code all over the place, designed over a 8-10 year period by various people but i’m expected to walk in and wave my magic wand and fix, design stuff against it? I’ve head to break my head for this and what am I getting paid? $135k? F it, need at least $200k for this crap!
Plumbers are making $135k these days and all they have to do is turn a wrench in the clockwise direction…
Participant[quote=bobby]
1.she’s a daughter of the CEO, COO, VP, managing director (it’s not what you know, it’s who you know)
2. she’s a superstar and they want to recruit her (ie your assessment of her is wrong)
3. your skill is just a little more than hers, hence your slightly higher pay (see first line of my post)
4. you don’t know how to negotiate your salary despite being a much superior coder
[/quote]#1 is wrong, she is not
#2 is wrong, she eventually got laid off because she was so bad and the manager could not take it anymore
#3 is wrong because I know people in my field at my level who actually make less than me
#4 is wrong because of #3, I am making more than a lot of my peers and am at least in the 75-80th percentile of the pay for my position.I am not saying I am not compensated according to the market, what I am saying is that the MARKET itself does not pay according to the difficulty level of the job compared to other jobs I know that need less expertise and pay more.
ParticipantI know people in the SAP space, private consulting, making $500,000 a year, I think that is where the money is. Niche areas of consulting… create your own agency. My GF’s ex BF earned something like $1.5 million/yr or something (so she says)..he had his own consulting company taking on small projects, I don’t think all these SAP guys are something special. SAP is just super boring but if it pays that kind of $$$ then why not.
With all the inflation going on $130k in greater LA just ain’t going to cut it anymore… I don’t even consider it a livable middle class wage anymore.
ParticipantIt’s just frustrating, I have looked at node.js, mongoDB, Express.js etc. and all that stuff is WAAAAY easier than what I am breaking my head here doing. I think some of those guys are making $150k+ so i’m thinking perhaps MEAN stack can up my salary? I’m just tired of making $125-130k as I think I should be making way more given how complex all this crap is…
btw, $130k is not enough. Everyone and his dog is making that these days. Even the guy here that barely knows how to markup a HTML document is getting $100k! WTF??
And at my last company…there was an INTERN, she barely knew WTF she was doing and she was paid $95k and did I mention she was an Intern??
ParticipantI don’t give a flying F, tired of this nonsense. Staying out of real estate completely. Will continue to rent, works for me. Buying makes no sense whatsoever…it’s a game of musical chairs and I don’t want to be the one without a chair when the music stops.
Participantmemories:
Participanta lot of these tech companies are fluff… yes some of them produce something of value but for each company producing something valuable there are 10 other tech companies doing nothing.
Example – that company called Bebo, the 25 year old sold it to AOL for $850 million, AOL was stupid enough to pay that much for it, he collected the money and walked away and then AOL realized that product is nothing but sh!t. He then bought it BACK from AOL for $1 million LMFAO!
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