A simple and obvious problem is that elementary and high school teachers in SF are making $40k-60k/year. So even if you and your spouse are making >$100k/year and living comfortably in your sf apartment the teachers teaching your kids can barely afford to live in the city.

But if that were the case, then schools would simply be forced to pay higher wages for teachers. That, or teachers would be willing to travel further (perhaps in exchange for slightly higher wages).

In either case, the idea that a city can just "break" because it is too expensive for ordinary workers, ignores basic microeconomics.

The laws of supply and demand imply that wages go up to deal with lack of supply of certain professions. Whether that lack of supply is caused by a nationwide talent shortage, or a local high cost of living, makes no difference.

Nobody is saying the city will cease to function because no ordinary workers can be found.

But there are problems. Perhaps the simplest of which: I personally feel like you ought to be able to live in the city you serve.

The more complex problems get into the inter-city dynamics, the sleepy commuter towns, the slums that wind up surrounding the wealthy areas...

Whatsapp sold for $19billion surely every start up employee is a millionaire.

/s

Please don't feed the troll. (see puppetmaster3's comment history)

Name calling is not cool. If you have an issue w/ a comment of mine in history, other that they are not liberal or aligned w/ your POV, ping me offline w/ a reference to it. This down voting because you disagree is also not cool. Look at how other websites only have 'like'. Plus you only give some people down vote, and you can go and down vote each of my comments. hth.

Prices of everything should be relative, else it does not work. Someone is buying those homes.

What about the garbage men and public educators?

Or would you rather we just do away with them, along with the middle managers, telephone sanitisers and hairdressers?

How is one group succeeding hurting other groups in any way. I would argue that this helps others!

Including tax revenue.

As to middle managers, I'd agree.

Not sure where those numbers came from, when I'm looking for a Google eng w/o xp it's bellow 135k care to explain?

It is anecdotal based on colleague's daughter. Sample size of 1, but I do hire mid level and its above that.

Hi ateeqs.

http://www.glassdoor.com/Salaries/san-francisco-software-eng...

But I think $140+ is mid level in bay area + stocks, occasional work from home, etc. High level is $200k+ at top corps, anecdotal based on friends.

Would you be willing to share what the minimum/maximum is for a mid level?

sure, because you obviously want to live in a town where there are nothing but other engineers, and you clearly want to limit your pool of potential partners in life to other people who have the same type of job and make the same amount of money.

your world is clearly very fucking boring.