Re:Why is Everyone in Tech so sad?
by prmoustache on Saturday August 08, 2026 @06:22AM
(#49220424)
It really depends about the income and debt.
If a $20000/y a job is deemed unrelevant, chances is that one might easily find similar or better in a totally different area.
If a $200000/y job is deemed unrelevant and is lost, and one has mortgage payments they can't pay with a $50000 or $100000 job, they have a big problem because selling that house might become difficult when all other $200000/y workers will try to sell their house and move within the same period and the housing market crashes. So you can ruin the economy of a large area quite quickly.
If a $20000/y a job is deemed unrelevant, chances is that one might easily find similar or better in a totally different area.
If a $200000/y job is deemed unrelevant and is lost, and one has mortgage payments they can't pay with a $50000 or $100000 job, they have a big problem because selling that house might become difficult when all other $200000/y workers will try to sell their house and move within the same period and the housing market crashes. So you can ruin the economy of a large area quite quickly.
So a bit of anticipation is useful.