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Tech Jobs, Cheaper Housing: The New Silicon Cities

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Re: Tech Jobs, Cheaper Housing: The New Silicon Cities

#2
My wife is looking at residency programs (she will be an MD). She has an interview at UCSF, but we are not sure we will go--San Francisco is just too expensive. Salary is only $65000 and we have to pay back student loans. I cant't imagine any doctor wanting to train in San Francisco. The city is pricing itself out of existence.

Re: Tech Jobs, Cheaper Housing: The New Silicon Cities

#3
post #2

My wife is looking at residency programs (she will be an MD). She has an interview at UCSF, but we are not sure we will go--San Francisco is just too expensive. Salary is only $65000 and we have to pay back student loans. I cant't imagine any doctor wanting to train in San Francisco. The city is pricing itself out of existence.

Does that salary include the housing stipend? AFAIK, UCSF residents get a decent stipend to use for housing expenses, on top of their normal salary. May not be enough to swing the balance either way, but it's worth knowing about...

Re: Tech Jobs, Cheaper Housing: The New Silicon Cities

#4
post #2

My wife is looking at residency programs (she will be an MD). She has an interview at UCSF, but we are not sure we will go--San Francisco is just too expensive. Salary is only $65000 and we have to pay back student loans. I cant't imagine any doctor wanting to train in San Francisco. The city is pricing itself out of existence.

Does that salary include the housing stipend? AFAIK, UCSF residents get a decent stipend to use for housing expenses, on top of their normal salary. May not be enough to swing the balance either way, but it's worth knowing about...

I think 65000 is with the housing stipend, but it is possible the website doesn't tell us everything.

https://medicine.ucsf.edu/education/residency/application/co...

Re: Tech Jobs, Cheaper Housing: The New Silicon Cities

#5
post #2

My wife is looking at residency programs (she will be an MD). She has an interview at UCSF, but we are not sure we will go--San Francisco is just too expensive. Salary is only $65000 and we have to pay back student loans. I cant't imagine any doctor wanting to train in San Francisco. The city is pricing itself out of existence.

We were in a similar situation and didn't even look at SF. We are currently in SEA which is fairly expensive, but there is a ton of high density housing being created and effort to develop far reaching & high throughput rail.

Re: Tech Jobs, Cheaper Housing: The New Silicon Cities

#6
post #2

My wife is looking at residency programs (she will be an MD). She has an interview at UCSF, but we are not sure we will go--San Francisco is just too expensive. Salary is only $65000 and we have to pay back student loans. I cant't imagine any doctor wanting to train in San Francisco. The city is pricing itself out of existence.

Don't believe the media hype, I have a couple of friends doing their residency out of UCSF and loving it. Look at places in East bay (or slightly south of it) online. It is all on the BART so it is convenient to get SF. Yes, you can't live in SoMa or have a three bedroom house with that salary but SF city is not the center of the universe.

Re: Tech Jobs, Cheaper Housing: The New Silicon Cities

#7
I've lived near Richmond my whole life, and moved to SF within the last 2 years. I have friends who live and work in Tech (in Richmond).

Getting a new job can be hard. Your options for big companies that hire tech people in the area is GE, Altria (Phillip Morris if you're okay working for a tobacco co ), CapTech, UPS, VCU... But it isn't like Google, Apple, etc. Your options for smaller companies are bad. Some startups have popped up there over the years but they have pretty unanimously been bad.

You get paid less. It's harder to advance in your career. You can't really get by without a car like many do in bigger cities.

Richmond is a very nice city, and I enjoy going back there for a week every June, but to call it a New Silicon City is crazy. Sure you can buy a house if that's what you want to do. There's a reason talented engineers flock FROM these areas, though.

Re: Tech Jobs, Cheaper Housing: The New Silicon Cities

#8
post #6
post #2

My wife is looking at residency programs (she will be an MD). She has an interview at UCSF, but we are not sure we will go--San Francisco is just too expensive. Salary is only $65000 and we have to pay back student loans. I cant't imagine any doctor wanting to train in San Francisco. The city is pricing itself out of existence.

Don't believe the media hype, I have a couple of friends doing their residency out of UCSF and loving it. Look at places in East bay (or slightly south of it) online. It is all on the BART so it is convenient to get SF. Yes, you can't live in SoMa or have a three bedroom house with that salary but SF city is not the center of the universe.

Hype? It's an hour+ commute between East Bay and UCSF. All my friends doing a residency put in close to 80 hours a week at other facilities.

I'm not sure how that's remotely sustainable to waste that much time commuting.

Re: Tech Jobs, Cheaper Housing: The New Silicon Cities

#10
post #7

I've lived near Richmond my whole life, and moved to SF within the last 2 years. I have friends who live and work in Tech (in Richmond). Getting a new job can be hard. Your options for big companies that hire tech people in the area is GE, Altria (Phillip Morris if you're okay working for a tobacco co ), CapTech, UPS, VCU... But it isn't like Google, Apple, etc. Your options for smaller companies are bad. Some startu…

I'm in Richmond too. It is a great city. Very affordable, youngish, a fun mid sized city. We probably have more microbreweries per capita than anywhere else in the US.

But I do feel like we are flyover country as far as tech is concerned. Compared to northern VA we might as well not exist.

However I do think it is a good place for startups if only because there is an outsized amount of talented engineers stuck in corporate jobs here. It shouldn't be hard to poach some of them before they give up and move to SF or DC. Especially easy if you offer nationally competitive salaries.

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