I've been a professional programmer for 8+ years now. I've stomached that life. I've made things people used and paid for.

If I can do that typing one line at a time, I can do it _way_ faster with AI.

"Work" does not exclusively mean "work full time for a wage".

And also, IG Group is a British company, HQ'd in London, traded on the London Stock Exchange. "British stock trading company acquired by British stock trading company" is a pretty boring event.

I don't think so. Like sure, if you're a Bangladeshi living in Tower Hamlets you could probably get away with a limited life speaking only Bengali, but you could say the same about Spanish in swathes of the US. Realistically, you need English.

I have done a lot of social work with Bangladeshi community. What many people don't know that the Bangladeshi wives who come as dependants speak better English than their husbands and sometimes as good as the natives.

I was surprised the first time I got into volunteer work. Figured that these wives have never spoken English in their home country. So when they moved to London, they learnt English from scratch and picked up the local accent and speaking style. Their grammar may not be perfect sometimes but whose is?

Housing is super expensive, but even that is coming down. Transport is a bit expensive, bit it's fine. Everything else is pretty reasonable!

Is it really coming down? Only in London, UK, Europe, or more or less globally? Where are you getting this from?

I am not sure everything else is reasonable if groceries alone have been going up by as much as 100% throughout the world, heh. Maybe on an SWE salary it is reasonable, sure.

I was going to reply to grandparent that only flat prices are coming down because of rising service charge costs, and being hard to mortgage because of cladding issues.

But after some research it is indeed true that house prices are, to a lesser extent, also going down, at least in real terms, if not nominal.

I actually wrote a webapp to show this, check it out - https://housepricedashboard.co.uk/

London house prices are falling quite a lot in real terms.

This is pretty good! Nice.

Have you ever considered adding more countries?

Nice work. Have you considered add real terms changes?

Already a feature, you can switch between nominal or inflation adjusted in the Change View panel -https://housepricedashboard.co.uk/?tab=change&start=2014&end...

I am getting DNS_PROBE_FINISHED_NXDOMAIN.

Ah shoot, it's not .com, it's .co.uk. So https://housepricedashboard.co.uk.

ERR_CONNECTION_RESET. HN hug of death?

Probably office firewall

In multiple UK regions, but the most expensive ones and London the most.

Its coming down but from a very high level in London.

I do not know about other countries, but movements do tend to be wide spread (at least across similar economies). We are seeing higher interest rates in a lot of countries and they are the main determinant of the multiple of income properties sell at.

The article doesn't dispute that London is way behind SV. What it's saying is that for non-US funding, London dominates.

But it isn't true. For the rest of the world SV is still the place to go to, one way or another. The difference is just too big. What you could say is that London is the place to try to raise money if you can't raise in SV. But you'll have to realize that your chances of success are dramatically lower that way to the point that you're going to end up a with a small fraction of the stock yourself after the inevitable dilution through follow up rounds because you couldn't raise a large enough round to begin.

VC in London is harsh, both for the start-ups and for the VCs. What does happen is that a company manages to stay alive long enough to raise a secondary round in the USA, but then you can't really make the original claim in the TFA.

> But it isn't true. For the rest of the world SV is still the place to go to, one way or another.

We are using different meanings for the same phrase. SV is the best place to raise, IF YOU CAN AND ARE WILLING TO RAISE THERE. But not everyone can, nor does everyone want to. And of the locations that are not in the US, London dominates.

And hell, Americans raise in Boston, Seattle, NYC, and so on. Not even all Americans move to SV, let alone people who may not even get a visa to enter the US.

This doesn't seem true, I work in a UK tech company and it's an incredibly international team. My team has three Brits (including me), a Norwegian, a Swede, a Pole, and an American. The CEO is Irish, the CTO is German/American.

Obviously that's just one data point, but every tech company is similar.

I don't know Aakash Gupta so I can't say if he's lying or just didn't do his research, but I know the IPO figures he cited there are wrong, like very wrong, which puts everything else there in doubt.

Not to mention location of IPO not being all that important. But that's a whole separate thing.

Eh, I know quite a few. LegalTech, hardware, obviously fintech, quite a bit of AI. But I work at a London startup so my social circle might be different to yours.

According to levels.fyi London is basically the best paying non-US city, I think maybe beaten by some Swiss cities.

I've always found levels.fyi to be a little pessimistic for the UK when compared with commercially-available benchmarking services.

I suspect it's because people on PAYE tend to think of their basic salary + bonus + income tax, but disregard NICS, pension, paid holidays, and other benefits. They end up reporting a total package that's 10-20% lower than it actually is.