[Rantenki]

That 68k/yr wage only sounds good if you're still thinking in circa year 2000 dollars. Nobody is making the mortgage on a house on 68k/year, and they're not starting a happy family if they have to do 20+hrs/week overtime in order to turn 25/hr into 68k/year. I remember earning nearly exactly that wage back in the early 2000s, and barely making ends meet in a cheap rental, so it's certainly not a great wage today.

[GenerWork]

The national average salary is $63,795 [0], so they're making about $4k more. Just because they're not earning 6 figures working in their first tech job doesn't mean that it's bad.

>I remember earning nearly exactly that wage back in the early 2000s, and barely making ends meet in a cheap rental

I made $10/hr my first job after college while living in a studio by myself in 2011 (and that was with student loan payments!), and I was barely able to get by, so how were you barely able to get by then on almost $70k a year?

[0] https://www.sofi.com/learn/content/average-salary-in-us/

[koolba]

> The national average salary is $63,795 [0], so they're making about $4k more. Just because they're not earning 6 figures working in their first tech job doesn't mean that it's bad.

The average rent nationally is $1860. In the Bay Area it’s $2650.

That’s not to say it’s bad. But the numbers are meaningless without some localized pricing or cost adjustment.

[wavemode]

$68K/yr is plenty of money for a single person. And that's just an entry level salary, offered to someone in high school - you would have the opportunity to make far more as you gain more experience. By the time you're looking to start a family and buy a house I don't see why that's not a very promising career.

[mquander]

I earned that wage circa 2008 and saved half my salary.

[BenFranklin100]

What you say is true, but unaffordable housing is a product of too few homes, and not one of too low wages.

If there aren’t enough homes to go around, home prices will rise to a level that only the wealthier can afford.

[guappa]

There's enough homes.

[jihadjihad]

Depends on where you live, I was making $42,000 in 2013 in the Midwest, and was fine. If my now-spouse and I had wanted to start a family then, it could have been done--obviously more doable with both parents working.

Plenty of people get by on less than six-figure household incomes--they just live in lower-cost areas of the country.

[pcbro141]

Find a spouse with a job.