I spoke with few google employees who bought home in Oakley as primary residence and they told me can do 2-3 day hybrid commute. They chose Oakley for bigger home. Many techies have moved to mountain house which is like middle of nowhere and yet price is 200k-300k higher than Oakley for the same spec. Those techies were commuting to core BA 5 days a week pre covid from MH. I would rather take Brentwood or Oakley even if I have to commute.
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Maybe it’s just me but it’s remarkable that even techies with presumably good salaries need to go that far for a house and some space. How can folks making 40-60k ever be able to buy a house here?
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Techies are calculative. From the discussion, those techies can afford to stay in SV. They want to have the 
(stay in SV) and eat it (own rentals) too.
Many techies I know specifically first generation immigrants make 500k+ in annual compensation and live in a slum like house with 1.5k rent and live like a homeless, rarely eating out or buying drinks or Starbucks or giving tips. They are pretty shameless too.
I knew one lady working at Google stealing food and stuff from office. Her husband used to work at another company and used to bring yesterday’s Google cafeteria food for his lunch at office.
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Yes I’ve encountered this!
Some techies are so incredibly cheap. It’s almost unbelievable. And their sense of entitlement to all the freebies and perks leaves me speechless.
I don’t have too many techie friends but of the ones I know, they are all unhappy and feel underpaid.
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Techies always feel that they are underpaid for their job size and their contributions not sufficiently recognized. Is normal. They expect they should be paid such that they can afford a house, some rentals, their investments, their children’s expenses, their pets, and their luxurious lifestyle.
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Tech Giants Turn to a Classic Recruitment Tool: Cash
Google’s parent adopts new bonus plan and Amazon doubles its salary cap as lure of stock fades amid inflation and increased competition
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How do you guys think the skyrocketing energy costs, more shortages, the new inflation shock and possibility of a nuclear war affect real estate and stock market?
New all time highs?
What do you think?
I think it will. More inflation more printing which means every asset will rise in dollar value.
If Fed does act honestly per it’s mandate then they will raise interest above inflation which will cause everything to crash but I doubt they will.
Talents are rushing to AAPL 
Time for other big tech to buy back shares and issue dividend. Jfi, Apple has bought back all share dilution since 1997. Number of outstanding shares is much lower than in 1997.
The Post-Pandemic Geography of the U.S. Tech Economy
Data on venture capital and tech jobs show that just a few coastal metro areas continue to dominate. But other regions have also benefited from an overall surge in investment.
Report: Superstars, rising stars, and the rest: Pandemic trends and shifts in the geography of tech
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My multifamily RE insurance premium went up by 25%. Does this mean rents are going up.