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permabearParticipant
[quote=AN]Wasn’t 2000 the peak of the .com bubble? Or did you get paid that much after the .com crash? Were 6-7 years experience s/w engineers making that much after the .com crash?[/quote]
Yes and yes. SD got hit by the dot-com bust but 100k for a senior programmer was about the same back then as now. Although looking at your figures I bet if I did the math on total comp I could buy a 10% increase. But that would still mean salaries haven’t even kept pace with the woefully-understated CPI. ($90k in 2000 is $112k today, a 25% jump)
Louis Vuitton… hahaha. We have paid-off cars and shop at Target. But a large chunk of my income goes to savings… guess I’m old-school in that way. It’s tough trying to be fiscally responsible in our current credit-orgy economy. Other people spending 100% of their income pushes prices of everything to stupid levels.
permabearParticipant[quote=AN]Wasn’t 2000 the peak of the .com bubble? Or did you get paid that much after the .com crash? Were 6-7 years experience s/w engineers making that much after the .com crash?[/quote]
Yes and yes. SD got hit by the dot-com bust but 100k for a senior programmer was about the same back then as now. Although looking at your figures I bet if I did the math on total comp I could buy a 10% increase. But that would still mean salaries haven’t even kept pace with the woefully-understated CPI. ($90k in 2000 is $112k today, a 25% jump)
Louis Vuitton… hahaha. We have paid-off cars and shop at Target. But a large chunk of my income goes to savings… guess I’m old-school in that way. It’s tough trying to be fiscally responsible in our current credit-orgy economy. Other people spending 100% of their income pushes prices of everything to stupid levels.
permabearParticipantRedfin acts little weird in parts of LA. Here’s another one that’s pretty sweet:
http://www.redfin.com/CA/Beverly-Hills/3074-Franklin-Canyon-Dr-90210/home/6834166
But yeah, I’m looking at RSF daily. There’s a short sale in there that looks enticing.
permabearParticipantRedfin acts little weird in parts of LA. Here’s another one that’s pretty sweet:
http://www.redfin.com/CA/Beverly-Hills/3074-Franklin-Canyon-Dr-90210/home/6834166
But yeah, I’m looking at RSF daily. There’s a short sale in there that looks enticing.
permabearParticipantRedfin acts little weird in parts of LA. Here’s another one that’s pretty sweet:
http://www.redfin.com/CA/Beverly-Hills/3074-Franklin-Canyon-Dr-90210/home/6834166
But yeah, I’m looking at RSF daily. There’s a short sale in there that looks enticing.
permabearParticipantRedfin acts little weird in parts of LA. Here’s another one that’s pretty sweet:
http://www.redfin.com/CA/Beverly-Hills/3074-Franklin-Canyon-Dr-90210/home/6834166
But yeah, I’m looking at RSF daily. There’s a short sale in there that looks enticing.
permabearParticipantRedfin acts little weird in parts of LA. Here’s another one that’s pretty sweet:
http://www.redfin.com/CA/Beverly-Hills/3074-Franklin-Canyon-Dr-90210/home/6834166
But yeah, I’m looking at RSF daily. There’s a short sale in there that looks enticing.
permabearParticipant+1 Rich
permabearParticipant+1 Rich
permabearParticipant+1 Rich
permabearParticipant+1 Rich
permabearParticipant+1 Rich
permabearParticipantIf I could add to that: My income personally has gone up during that period due to promotions, but I’m hiring people at the same salary that I was paid in 2000 for similar work. This is nominal terms, not inflation-adjusted. So I was making about 100k in 2000, and now I’m hiring people at 95k-105k. I don’t know how people at that salary are making things work, since it’s a challenge at 200k (if you want to eat healthy foods and save at a solid rate). Which is ludicrous.
BTW, I’ve had a couple interviews at Qualcomm over the years as they’re constantly headhunting. The last interview they wanted me to take almost a 20% pay cut, and that was for a director job. They were honestly surprised by my salary (as in, “even we don’t make that much”). I also have several friends at Qualcomm and I KNOW they make less than market rate. So I’m not sure I buy the idea that Qualcomm salaries are supportive of current prices.
permabearParticipantIf I could add to that: My income personally has gone up during that period due to promotions, but I’m hiring people at the same salary that I was paid in 2000 for similar work. This is nominal terms, not inflation-adjusted. So I was making about 100k in 2000, and now I’m hiring people at 95k-105k. I don’t know how people at that salary are making things work, since it’s a challenge at 200k (if you want to eat healthy foods and save at a solid rate). Which is ludicrous.
BTW, I’ve had a couple interviews at Qualcomm over the years as they’re constantly headhunting. The last interview they wanted me to take almost a 20% pay cut, and that was for a director job. They were honestly surprised by my salary (as in, “even we don’t make that much”). I also have several friends at Qualcomm and I KNOW they make less than market rate. So I’m not sure I buy the idea that Qualcomm salaries are supportive of current prices.
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