I remember early 2000 similar stories out of San Francisco when I lived on the west coast of the U.S. by those that moved to other cities on the west coast because they could not afford to rent or buy in the San Francisco area even if they had a good paying job. Today or for the past 5 years, those other cities are really no longer an alternative solution because they too have now seen escalating rent/home prices. For example, when I lived on the west coast in a warehouse apartment for $350 per month...same place today is now listed for $1800 per month. I'm still close friends with the owner and he tells me the problem is as soon as your city gets listed as one of the top places to live or to raise a family with affordable housing...prices start to rise...fast...because everybody starts increasing their prices. Of course there's more to it but each city has an interesting story about why rent/home prices are so damn high. That same apartment today has a 6 person waiting list. Crazy what folks willing to pay the outrageous prices. Heck, sometimes laughable because I remember bitching about the rent when it went from $325 to $350 per month for increase when I re-signed my lease and I was only a student at that time. Today, most folks living in that complex are high tech, lawyers, doctors and a professional athlete.
huge salaries in public services, 44k for new teachers, and 83 for cops ?!? i know stem engineers in western europe who make around 44k with 10 years experience, and starting cops back home Make around 25/30% of their SF cousins. Civil servants have a good life in Cali. Im talking net income in Europe btw, Gross should be quite a bit more
Is There any sector in continental Europe that pays 80k a year to new graduates except finance ? And There s a huge downgap in other sectors, i m hearing of students leaving the same elite schools but the ones getting a job in finance beeing paid twice as much as those joining multinationals in other sectors, and public sector is even worse.
Am I the only one having issues when trying to edit a post on a mobile phone - about every single time ? The first sentence should read " Is there any sector in European Union that pays 80k a year to new graduates other than finance " As salaries in Switzerland are way above the standard in neighbouring countries, not so sure about Norway. Also curious about Luxembourg, gdp per capita is very high but no idea how it translates to wages for new graduates.
$50,000 salary in San Francisco is considered very low - you will need a few room mates and will not be able to afford a 4 wheel vehicle.
Luis: salaries are not the only thing to consider. In some countries, you have to include "subsidized" prime property housing that even the private sector can't put their hands on , priority into the choice of school, free cultural visit cards with a "jumping the queue" pass, as well as discounted national airfares ( any EU-Asian capital return for less than 100$), etc.
Top-paying jobs: San Francisco hot, San Jose so-so San Francisco is one of the hottest markets in the nation for the top-paying jobs, while the San Jose area is lukewarm, according to a Glassdoor survey releasedWednesday. Tech jobsaccountedfor the single largest major category of the top-paying positions with current openings, according to Glassdoor.(Siliconbeat)