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Tech takes over: New York is the sector's second city

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Re: Tech takes over: New York is the sector's second city

#201

Post by tashoecraft »

timothycrosley wrote: post #197
tashoecraft wrote: post #192

Earlier quoted context omitted.

I understand that, but my argument is that people usually spend up to the amount they are comfortable with because they are not rational actors. I made this argument a lot when the prius was becoming popular. Lots of people said it was overpriced, that is cost 30k and there were similarly equipped cars for 20k. But that completely missed who was buying the car. If someone is in the market to spend 30k on a car, they…

While there is def some sound logic to what you're saying I think the key piece you're missing is paying the same amount of monthly payments enables developers in Seattle to buy a home, which in the end means they are building equity by default while their counterparts in NYC could live their whole lives paying rent that keeps going up.

That gets into the debate of buying vs renting, and Im honestly not sold on all the benefits of buying. While you are building equity, it’s debatable whether you could make more just nuy putting money into an index fund. Im talking about the down payment, all the maintenace costs and associated costs of owning a home.

But I don’t need to dig into it further. I planning on getting out of NYC eventually to lower my costs and be somewhere with cheaper cost of living. It’s just harder to figure out true cost of living and the amount you earn as a developer then these guides suggest.

Re: Tech takes over: New York is the sector's second city

#202

Post by jimmy1 »

austinshea wrote: post #77
jimmy1 wrote: post #68

Earlier quoted context omitted.

Until you try to raise your children somewhere elsewhere, I will take your comment with a huge grain of salt. Compared to where I am now, it just simply doesn't compare. I don't care about the city being my living room. My backyard is mountains, and trees, and fresh air, and creeks and streams, and endless opportunities for my children to go outside, get dirty, and explore.

If you don’t care about being in the city, and do care about being close to nature, then that’s an obvious choice. That being said, I don’t want to raise my kids out there. I want my kids surrounded by many cultures, and to have access to the arts that NYC provides. It just is a no brainer for me.

I hear ya. For me -- It was something about trying to go up and down narrow staircases to get to my upper floor apartment that I rent for 2,000 a month for 1300 SQFT and waiting for elevators holding two baby carriers with screaming babies that didn't sound appealing to me, especially when I can own, for about half the price (roughly 1,100), a 1900 SQFT house that I can walk straight into.

Re: Tech takes over: New York is the sector's second city

#203

Post by gchan620 »

hypertexthero wrote: post #135
load_balancer wrote: post #13

I really want to move to NYC. As a full stack developer in SF I only get interest from companies in the Bay Area. All my NYC applications get no response even if it's the same resume with locations removed. Am I missing something? Can someone who has mde a similar move cue me in? I have 4 years of full stack experience. Do people tailor their resume for NYC companies?

I moved to NYC 3 years ago with no job and have managed to make it through freelancing, contract and regular part time work, but it has certainly been harder than I thought it would to find full time work. The city is expensive and there is a lot of competition from recent graduates as well as talented people attracted to the magnetic island at the center of the world. It does feel like a constant race, but the city…

you haven't found a full-time role in 3 years?? i want to move back to NYC from Boston next year, but i'd prefer to have something lined up before doing so

– designer as well

Re: Tech takes over: New York is the sector's second city

#204

Post by randomdata »

CydeWeys wrote: post #100
randomdata wrote: post #76

Earlier quoted context omitted.

> Having lived in both SOMA and the Mission, I wholeheartedly disagree. No need to rely on anecdotes though. According to San Francisco’s Controller’s Office, a little over 6% of the population work in the tech industry[1]. That is an unquestionably small minority of the overall population. If the people you have met predominantly worked in tech, it is likely due to a bubble you created yourself. Perhaps, for example…

Now what % of people between the ages of, say 22-30 in SF work in tech? A bit more than 6%. You aren't "creating a bubble" simply by hanging out with people your own age or liking certain foods or cafes. The fact is that in NYC there are plenty of young working professionals who are not in tech, who you will meet without having to go out of your way to alter you own interests.

> You aren't "creating a bubble" simply by hanging out with people your own age or liking certain foods or cafes.

If that is not the epitome of a bubble, what is? I completely understand why someone might find themselves in that kind of bubble, and even like it that way, but that is not the same as the bubble not existing. I expect you will find that 22-30 year olds in SF themselves are a minority.

Re: Tech takes over: New York is the sector's second city

#205

Post by lallysingh »

mden wrote: post #111
p-funk wrote: post #99

I'm sorry if this is off topic, but I'm just looking for some advice I guess. I'm currently an electronics engineer in NY and I've been trying to switch to something in software for about a year now because there are essentially no electronics jobs here in my field. I've had a hard time convincing employers how my electronics experience is relevant or how well it would translate to a software role, because, basically…

Some companies in NY hire for software engineering without requiring a comp-sci degree. Used to work at Bloomberg and a lot of the people there were hired without a classical programming background but still with some programming experience even if not professional; a lot of physics, biology, and mathematics people for example. Then they put them through a 4 month internal coding course teaching them C++, JS, git, et…

For a Bloomberg job you can probably just show up at a nearby bar on a Thursday and be social through the 10pm black hole.

Try to avoid challenges for feats of strength.

Re: Tech takes over: New York is the sector's second city

#206

Post by sinker »

dsacco wrote: post #98
giantsloth wrote: post #78

Earlier quoted context omitted.

I find statements like this both cringe and problematic. The heavy emphasis on industry defined identity is creepy, extremely impersonal, and backwards. I've been a software developer in advertising, various startups and have friends in fashion and finance. While sure you can get some interesting insights into their industries, for example Gucci's new operating room spread is dope af, or the fact that hedge funds yea…

Your “genius quants (aka insider trading)” quote is an easy target, but instead I’m going to respond to this: > That is a typically upper middle class white with a BS/BA in econ/finance/cs/communications who got "really drunk" in college, "loves" IPAs now and does sober February's as a challenge. These are all various shades of yuppie identity non-diverse in thought, culture, or world perspective. They are boring. Sp…

You're missing the point. He meant that the differences you see (what you call diversity) are superficial differences. When you look deeper past these differences (job, skin color, neighborhood, etc) you find that people in NY, professionals at least, are actually very similar.

I don't agree 100% with this sentiment, but I doubt the OP does either.

What I agree with is that "diverse" has become a stupid word. Diverse is used nowadays to indicate only superficial differences. If you see a black man, a lesbian, a asian woman, and a hispanic girl together in the same office, you have diversity. Yet they're all in the same office, have the same standard of education, are just about the same age, probably have the same political affiliations, grew up in roughly the same geographic area, etc. Is it really diverse?

Culturally, not so much. But NY is not so different from any other place. People near each other tend to be similar. I just wish we would stop regurgitating the word "diverse."

Re: Tech takes over: New York is the sector's second city

#207

Post by fosco »

yayitswei wrote: post #169
replicatorblog wrote: post #61

"official" FTEs is one way to slice it, but kind of dumb. Seattle is home to two of the five biggest tech companies in the US. Boston has had an IPO every year for the last ten years that exceeds any in NYC history. LA has had the only 11-digit IPO in the last five years, outside of the bay area. It's also capturing the zeitgeist in a way that NYC no longer does (that's subjective, of course, but I'd debate it). Just…

I was just reading pg's "Cities" essay this morning ( http://www.paulgraham.com/cities.html ). Much of what he said in 2008 is still relevant today. That said, I think NYC has come around a bit.

I disagree with one of his conclusions regarding his reference to money and power. specifically, I see the '2008' housing crisis proving that money is power and without money power soon wanes. I see the bailout as a debate that the government lost and proof money in an of itself is power. I bring this up because the bay derives its power from money, if the money is going elsewhere it is not only losing money, it is losing power.

Re: Tech takes over: New York is the sector's second city

#208

Post by CydeWeys »

randomdata wrote: post #204
CydeWeys wrote: post #100

Earlier quoted context omitted.

Now what % of people between the ages of, say 22-30 in SF work in tech? A bit more than 6%. You aren't "creating a bubble" simply by hanging out with people your own age or liking certain foods or cafes. The fact is that in NYC there are plenty of young working professionals who are not in tech, who you will meet without having to go out of your way to alter you own interests.

> You aren't "creating a bubble" simply by hanging out with people your own age or liking certain foods or cafes. If that is not the epitome of a bubble, what is? I completely understand why someone might find themselves in that kind of bubble, and even like it that way, but that is not the same as the bubble not existing. I expect you will find that 22-30 year olds in SF themselves are a minority.

People have always hung out with their own age cohort. This isn't anything special or unique to SF, and it doesn't "make it a bubble". What makes it a bubble is that that age cohort in SF is so tech-focused, in a way that it isn't in other cities. So when you do the perfectly natural thing of hanging out with other people your own age in, say, NYC, you get a variety of professions and types of people. When you do it in SF, you end up with mostly techies.

Re: Tech takes over: New York is the sector's second city

#209

Post by randomdata »

CydeWeys wrote: post #208
randomdata wrote: post #204

Earlier quoted context omitted.

> You aren't "creating a bubble" simply by hanging out with people your own age or liking certain foods or cafes. If that is not the epitome of a bubble, what is? I completely understand why someone might find themselves in that kind of bubble, and even like it that way, but that is not the same as the bubble not existing. I expect you will find that 22-30 year olds in SF themselves are a minority.

People have always hung out with their own age cohort. This isn't anything special or unique to SF, and it doesn't "make it a bubble". What makes it a bubble is that that age cohort in SF is so tech-focused, in a way that it isn't in other cities. So when you do the perfectly natural thing of hanging out with other people your own age in, say, NYC, you get a variety of professions and types of people. When you do it…

> People have always hung out with their own age cohort.

That does not mean they are not living in a bubble. There are always people in other age cohorts that they could associate with. Nobody is saying that bubbles are not natural. You find them everywhere in nature! It is indeed natural to be in a bubble with your own age cohort, but remains a bubble of your own making. There is absolutely nothing stopping you from popping that bubble and exposing yourself to people in other age groups and careers. After all, those outside the bubble represent the majority of the population.

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