Qualcomm is far from silicon valley and is doomed to fail very quickly for its bad culture and competition from China. SD is gonna suck like Detroit in 10 years. If you are young, come to SV asap.
What other choice do you have if you keep staying in SD? At SV there are so many choices
young people, young people
If in bat area wait for housing to crash
if someone tells u this can never happen then he she is drinking the cool aid
San Diego isn't that bad of a job market if you are willing to take a slight financial hit and already reasonably financially established. If you bought a home right after the crash, and took out alow interest mortgage, you're mortgage payments are probably lower than how much it would cost you to rent right now. And if you've been participating in the stock market for the past couple of years, should should have more than enough emergency funds to bridge you for about 2-3 years of continuous unemployment if it really came to that.
In the bay area, while it's a good source of steady paycheck, unless you already own a home up there, or unless you are one of the lucky ones that hit it big with stock options, you aren't really going to be able to get ahead. There's a couple that is my tenant. Both husband and wife work as engineers up there, and they can't come up with 20% downpayment for their own home. They rent for about $4500/month for the past few years, and they have kids that they insist they have to send to private schools since they aren't happy with the public school there. The cost of home ownership is close to $550 per square foot in just a so-so neighborhood. And rent has been going through the roof, even more so than here in San Diego. Realistically that couple's gross income is probably around $250k combined, but after taxes it's probably closer to around $150-160k. And on top of that their kids expenses is about $30k. And their rent is $54k. So that leaves them with around $70k for other essentials like food, clothing, transportation, etc. So realistically, maybe they can save $50k/year. A tiny house where they rent costs around $1.3-1.4 million. Unless they get an unexpected windfall in stock options, it will take them about 5 years just to save around 20% down. And that's with no cash reserves in case either of them do go unemployed.
I am old timer and getting paid too much from QCOM for not actually doing anything...,I am ~60s, I like coming to work and meet friends ,go walk in trails...do few status calls every week to check on how my underlings are doing.....I would do those things for free just to stay engaged........but hey someone want to pay be BIG buck and I am not fool enough to turn free cash away....
Please SV needs real talent. Not a whole group of same race people here to ruin the culture further. It's already happening, please don't expedite it.
YOUNG people come to SV, OLD white fat ass stay please for your Ugly wife and retarded kids.
Go to Detroit, the housing price is freaking cheap there. Or may be you just keep staying in SD you can buy a 10bedroom ocean scenic house with 1000$ in 10 years
No, the weather sucks, hot all year around. SV at least have trees with lots of leaves and rains
You do not have earthquake yes.
OK, good points. Good luck renting that bachelor studio for 4400/month though. You'll need to pay a little extra for a parking spot though. You also have an option of finding something a bit cheaper 30 miles from the office, no worries about that 90-min-one-direction commute though. Oh wait, HOV stickers can help, that should bring down the commute time to reasonable 75-min-one-way. Gotta love that Silicon Valley, right.
We have good weather