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Comment Re:Not everyone wants a house with a yard. (Score 1) 264 264

I understand why people would want to live in San Francisco or Manhattan. I used to live in Boston and Los Angeles. These cities are culturally diverse and offer a multitude of activities for everyone. What I don't understand is why someone would pay $1M for an apartment!!!

Comment Re:Must be Silicon Valley (Score 1) 264 264

Even if the house costs $1-1.5M, if you are making the salary to afford that house, you end up ahead. The higher cost of living results in higher salaries and in the end, the person making the higher salary accumulates more assets.

Here is a simpler example, Alex and Bob both buy a car for $500/mo and both have student loans for $1000/mo. For Alex, that is only 18% of his salary. For Bob, it is 36% of his. In the end, Alex will accumulate more assets in his working life.

Comment Re:Must be Silicon Valley (Score 1) 264 264

I agree with you. If the salary doesn't make up for the difference in housing prices, it is not worth it. The housing prices in San Francisco have just gone insane. Same thing for the housing prices in Manhattan. More than outstripping the salaries that they are now paying IT workers.

The best of both worlds is to do contract work in SV but live elsewhere. You get paid like the locals but then get to go home to a house with yard.

Comment Re:Must be Silicon Valley (Score 4, Interesting) 264 264

I always thought that the cost of living argument (SV vs non-SV) was bullsh*t. Let take two recent CS grads, Call them Alex and Bob.

Alex takes a job in San Francisco and is making $100K. He buys a house at 5x his salary ($500K) and lives in it for 30 years until the mortgage is paid off.
Bob takes a job in the midwest and is making $50K. He buys a house at 5x his salary ($250K) and lives in it for 30 years until the mortgage is paid off.

After 30 years, both Alex and Bob sell their houses and move to Florida. Both houses have doubled twice in those 30 years (look at the price of houses in 1985 and don't you wish had bought back then). Alex comes to Florida with $2M, Bob comes to Florida with $1M. So who is the winner, the one that lived in the low cost area or the one in a high cost area.

My point is that those in high cost of living areas are compensated for it and win in the long run.

Comment Work remote? Easy. (Score 1) 318 318

If you want to work remote, buy an expensive house. Seriously, that is the secret. I am lucky that I have a highly in demand skills and so have some leverage when it comes to negotiating salary and benefits.

The conversation usually goes something like this.

Mr. Employer: We loved your resume and the interviews when really well. We would like to offer you a job.
Me: Thank you. I would like to work for you.
Mr. Employer: We want to move you to our office in (somewhere not close)
Me: Thank you. I own my own home and would need a relocation package of £200,000 (US$300,000).
(long pause)
Mr. Employer: How would like to work remote...

Comment Re:Another diploma mill with a marketing team (Score 1) 85 85

I have applied to plenty of Wall Street jobs. Yes, what college you went to comes up, and even gets used as a filter at some places. It can get you in the door for the interview but reputation is not going to get you to the executive suite.

Elites are elite for a reason, they give you the knowledge, tools and connections to be successful.

Comment Re:Another diploma mill with a marketing team (Score 1) 85 85

You are the one that need to retake logic 101.

My assertion is the at elite colleges are elite because they produce more successful graduates. If that assertion is false, then elite colleges have nothing to do with the success their graduates and other non-elite colleges would produce equally as successful graduates. We reject the negative assertion is false.

Comment Re:Another diploma mill with a marketing team (Score 1) 85 85

The "real" difference between elite colleges and other ones is that elite colleges produce graduates who succeed in the real world. How many Harvard graduates head Fortune 500 companies? How many graduates from ITT do? How many graduates go on to get PhDs or MDs? How many win Nobel prizes?

The reputation of the college you went to doesn't get you on board of directors. It doesn't get you the job of President of a prestigious universities. It doesn't command million dollar salaries on Wall Street. Those have to be earned, and graduates from elite colleges do in higher numbers than non-elite colleges.

That my friend is how you get to be an elite college.

Comment Re:Realistic (Score 1) 374 374

This is where you are wrong. They do get to buy cheap power from those solar installations during the day and sell for more.

Let me give you an example of how this works.

Solar guy (for one month): Uses 1000Kwh - produces 500Kwh = net 500Kwh @ $.10/Kwh

Big utility - buys wholesale power at $.15/Kwh during the day when the sun is shining and everyone is using AC but during the night the price drops to $.05/Kwh.

So during the day Big Utility is "buying" power from the solar guy for $.10/Kwh and selling it for $.15/Kwh. So who is the real winner is this scenerio?

Comment We need agents (Score 2) 145 145

Why do actors have them, why do athletes have them, why do writers have literary agents. I have been saying this for years. Since the last dot com boom, actually, when tech talent was just as scarce. Why not tech talent, too, I make way more than average actor, athlete, and writer.

There are three reasons I can think of, right off the top of my head to have an agent.

1. Screen all the recruiter calls.
Everyday I get calls from at least 10 recruiters. Most are offering positions and salaries that I would not consider and they would know this if they read my resume instead of just doing a keyword search. Yes, I am talking to you, Mr recruiter, that wants to offer me a web development position in San Francisco for 3 months at $40/hr and no expenses paid. Try hiring someone local. No they done want your crappy position either.

2. Be on the constant lookout for my perfect job.
Hey I am working full time so I don't have a lot of time to devote to finding my perfect job.

3. Negotiate a better salary.
Now I have gotten pretty good at this over the years but it would be nice to have the latest industry figures when we did enter that phase.

I will get off my soapbox now.

Comment Engineering is way undervalued (Score 3, Insightful) 323 323

Engineering knowledge and skill is way undervalued in the current development climate. It is more about get it done fast, get it out the door. Don't make the code pretty, don't make it reusable, fix it later attitude. Patch it up, put a bandaid on it and move on to the next fire.

The only place I have seen where engineering skills are valued is where lives are at stake (nuclear reactor code, Space Shuttle) or enterprise software that has to be up 24/7 or the business fails.

Welcome to the real world.

Comment Re:As long as you are personally there, sure.... (Score 1) 283 283

Right, they have zero chance of actually enforcing their property rights if someone violates them until they get back to or attempt to get back to Earth.

The FAA could deny you any landing rights on Earth though and arrest you if you violate that order. So unless you plan on living the rest of your life on the moon that would force you might want to comply.

Corporations are in the habit of wanting to make money, and if the FAA denies them cargo landing rights and seizes the cargo upon landing, corporations will have to follow the regulations too. Also, any terrestrial based corporation can be sued and hefty fined imposed by the FAA for such violations. No corporation would be willing to take the risk.

So who are your going to sell your minings to, the Martians.

Frankly, Scarlett, I don't have a fix. -- Rhett Buggler

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