> Adjusted for cost of living, $300,000 in SF or NYC is about $170,000 where I lived back then, so ~$80/hr
I've lived in SF over the same time period as well, and my CoL hasn't changed aside from rent - I've kept the same consistent savings rate - but even rent was largely manageable for me because of job opportunities and a mix of local and state rent control.
Ofc, looking visibly ethnic also gives me the ethnic discount at most places I shop at.
> Said kid out of high school like I was back then isn't going to find that much in today's market. As you point out, the market has tanked big time — and has been tanking for decades
Oof, that is actually a good point. Sadly, you are right about that. I don't think hiring managers in the US would take a risk on hiring a HSer even if they have the right skills and domain experience.
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That said, I am starting to come around to your argument.
I've lived in SF over the same time period as well, and my CoL hasn't changed aside from rent - I've kept the same consistent savings rate - but even rent was largely manageable for me because of job opportunities and a mix of local and state rent control.
That said, I do think being Asian or Latiné means having different buying preferences (eg. the bulk of my shopping is at ethnic grocery stores and my "white people food" is primarily sourced from Costco or TJ).
Ofc, looking visibly ethnic also gives me the ethnic discount at most places I shop at.
> Said kid out of high school like I was back then isn't going to find that much in today's market. As you point out, the market has tanked big time — and has been tanking for decades
Oof, that is actually a good point. Sadly, you are right about that. I don't think hiring managers in the US would take a risk on hiring a HSer even if they have the right skills and domain experience.
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That said, I am starting to come around to your argument.