>This one's a silly conspiracy theory, most executives don't have heavy investments in commercial real estate, at least not directly... residential has been so much more profitable for decades now
What you're replying to doesn't specify commercial.
If you know any executives, you know they own multiple homes. You can connect the dots here between a rise in real-estate prices in tech hubs and RTO directives.
Plus this isn't even about individual executive investments. It is about corporate investments, and duty to shareholders.
> If you know any executives, you know they own multiple homes. You can connect the dots here between a rise in real-estate prices in tech hubs and RTO directives.
I don't understand how the massive rise in residential real estate prices from 2020 to 2022 shows any dots between RTO and home prices being connected.
It can be 30+ minutes in traffic. I did the Emeryville<->SF commute once when offices opened back up, then decided I needed to move back into the city.
It's more level than literally everything else that pays comparatively. At least the single mom in Philly won't have the fact that she didn't go to Stanford completely invalidate her as a potential candidate when it comes to modern leetcode interviewing.
> At least the single mom in Philly won't have the fact that she didn't go to Stanford completely invalidate her as a potential candidate
And when will the single mom in Philly find the time to memorize as many (or more, after all, its a competitive market) default-interview-questions, as someone born into wealth whith lots of free time on their hands and the financial resources to pay someone specializing in prepping them for exactly these interviews?
Ha! OP said it’s a level playing field, I’m not arguing if it’s a better system than what you/him compare it to.
Just like how I would argue take-home/side/past projects are an amazing signal compared to credentials. I won’t dare to say it’s a level playing field.
>This is basically the opioid epidemic being repeated with amphetamine.
No it isn't, it's a repeat of the previous American amphetamine epidemic, which has somehow been successfully memory-holed despite lasting multiple decades.
Something I want HN's thoughts on: Does a 7% pay gap matter more or less between low incomes and high incomes?
I'm looking at the bar chart with median annual earnings and a earnings gap percentage. The first gap is 7% (misleadingly labeled as 93%...), which does seem somewhat high.
But then it's for $33,598 vs $31,288. A difference of $2310, an amount that your average Bay Area FAANG SWE earns in two workdays or less (when counting amortized RSU vesting and bonuses).
You could argue that every single dollar matters for someone in that bracket. But what about when the 7% difference hits someone who is making over $500k a year in the Bay Area? Then it's a $40,000 swing. Most of that will get eaten up by taxes anyways.
Which one is worse? I would say the $2310 difference, since the $40,000 is really closer to $20,000 after taxes, and having $220,000 a year after taxes vs. $200,000 doesn't make a huge difference when you're competing for homes that cost $2 million dollars or more.
It would sound way worse with the title "x outearn y by $40,000 a year in the Bay Area", but only to people who don't realize how bonkers the financial scales are here in comparison to developing parts of the country.
I lean towards the other poster too. In 1994, my household had a computer with windows 3.1 and games. My dad was a software engineer. I was still in grade school. Every other kid who had a desktop computer and Doom 2 at home had a parent who worked as a software developer/engineer, or they were some sort of IT/network/sys/admin. The only exception I can recall is a kid whose parents were neither, but his uncle was one of the OG Blizzard devs.
Things changed very fast after 1994, though. I think by 1998, everyone I knew had a desktop at home, even if they didn't play videogames.
I really like the idea of this. I look forward to reading what's finished now, as well as what will be released in the future!
I have a huge gap in knowledge for so many things that I interact with on a regular basis, but that I don't actually need to understand well in order to meet minimum job expectations.
This seems like a good book to address network basics. Sadly, I'm a huge procrastinator, but this seems especially important for me to address.
Books that have been in my backlog for years: Database Design for Mere Mortals, Designing Data-Intensive Applications, Building Secure and Reliable Systems, Writing a Compiler in Go, Crafting Interpreters.
All books that I know I need to read, but I just can't get around to it because there's no immediate reward for me, as someone who doesn't have to worry about any of these days in my day-to-day duties.
Thank you! Your backlog sounds like a fantastic list as well. I can wholeheartedly recommend Designing Data-Intensive Applications. I’m reading it a 2nd time for a book club at work, and I think it’s one of the best overviews of distributed systems out there.
I don't think it's a matter of not being good, just that others are that much better. It might sound similar, but it's not. You're still better than hundreds of thousands, or even millions, of people.
It's like being a tech worker who earns $400k a year and saying "I don't earn that much, there's people who do what I do clearing seven figures a year, and others who were able to retire in their early 30s and don't even have to work anymore because they became so wealthy from work." Sure, it's not a lot of money compared to those people, but it is when compared to the vast majority of wage earners in any region in the world.
What you're replying to doesn't specify commercial.
If you know any executives, you know they own multiple homes. You can connect the dots here between a rise in real-estate prices in tech hubs and RTO directives.
Plus this isn't even about individual executive investments. It is about corporate investments, and duty to shareholders.