Conversation

This question's gauche, but: given the prevalence of $400k++ comp packages for ~30-year-olds in Big Tech, why aren't there lots more "gentle[wo]man scholars"? i.e. people quitting to do non-remunerative creative projects I can think of some, but shouldn't there be thousands?

207

110

1,059

Kalle Haglunds

@khaglunds

Jan 28

If those 30 year olds have aspirations on home ownership in the Bay Area, they’re probably figuring out how to save $600k for the down payment :)

Andy Matuschak

@andy_matuschak

Jan 28

I guess, yeah! My down payment was like $180k, which a motivated individual could save in ~8mo as an L5.

stefan

@deputystefan

Jan 28

When did you make that down payment, and would it be the same today? Would the mortgage be the same today? The property tax?

Replying to

and

Six years ago… and I regret to say that yes, according to recent appraisals, all would be about the same today! Actually, the mortgage rates are better now.

2:59 AM · Jan 28, 2022Twitter Web App