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Student, the facts you wrote are relatively unimportant if your folks "back home" are counting on you to get plant a branch of the family away from the reach of whatever will be in charge after the Great Unraveling in main China, or away from the taxing authority of the Largest Democracy.
plant a branch of the family away from the reach of whatever will be in charge after the Great Unraveling in main China, or away from the taxing authority of the Largest Democracy
Some parasites are some benign than others. For everyone else, there is space away from all of this.
Young engineers come there full of dreams and ready to spend nights coding. They get a relatively good salary for the efforts, but are quickly parked in cheap apartments for a high rent. Any extra salary they get compared to other places is immediately more than consumed by the landlords.
We come to that point where you need not come to SV.. SV will come to you.
But hey... maybe they feel an inflated sense of self-importance and coolness from working in Palo Alto rather than doing the same in say Minneapolis or Huston.
Seagates Minneapolis facilities are much larger then their HQ as many other Tech companies non-California R&D facilities.
Its no longer possible to walk across the street or drive a few minutes in SV to get that higher paying job with the competition. Your job is in a state far far away from the competition.
ndeed.com
Query: Title: software engineer
SFBA 5731 hits
Minneapiolis, St Paul MN: 361 hitsDallas, TX a metro area similar in size to SFBA and business friendly, 444 hits.
if you know the headhunter industry well enough .. you would know many headhunters collect resumes and conduct interviews for some 'future' position.
many positions are therefore non-existant.. they been doing this for some 35-40 years now.
the reality is more stark.... the Seagate facility is 2-3x larger than HQ...http://goo.gl/maps/Ks97l
seagate technology 1200 disc drive shakopee, mn
the same is true with many other Tech companies... why have them come here if you can get cheaper in their home state.
like so many tech companies state they " hire the best they can find"... doesnt mean
they give you a ticket to move to California... Like GE, United Tech and many others they have operations across the nation and world.
California is the home of high costs, thus high salaries. I don't work in IT but in my profession, in California they advertise for salaries of $4 - $5K a month, where as in the rest of the county most people in my profession are getting $2.5 - $3.5K a month. The problem arises when a candidate starts figuring the extra cost of the income tax in California, the MUCH higher costs of living (including food and gas). In many cases, the higher cost in the way of time for commuting. Yeah, it would take a LOT of money for me to even consider CA, and I don't think they are willing to go that high.
Young engineers come there full of dreams and ready to spend nights coding. They get a relatively good salary for the efforts, but are quickly parked in cheap apartments for a high rent. Any extra salary they get compared to other places is immediately more than consumed by the landlords.
If later they feel like buying a place or having kids, then a swarm of local parasites immediately fall on their backs: real-estate agents, millionaires cops, teachers, highly paid garbage truck drivers, BART workers, long term residents selling their houses, etc... All feel entitled to a chunk of the wealth the poor engineer might produce - whether or not he does get lucky and actually get wealthy - which most don't. Even if he does get wealthy most of that wealth will be absorbed to get the same kind of life he would get anyway somewhere else.
But hey... maybe they feel an inflated sense of self-importance and coolness from working in Palo Alto rather than doing the same in say Minneapolis or Huston.