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	<title>Comments on: Five Reasons Houses Beat Stocks</title>
	<atom:link href="http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/</link>
	<description>San Francisco Bay Area, Silicon Valley House Price and Mortgage Insanity Blog</description>
	<lastBuildDate>Wed, 08 Feb 2012 05:57:06 +0000</lastBuildDate>
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		<title>By: Jim D</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4582</link>
		<dc:creator>Jim D</dc:creator>
		<pubDate>Fri, 18 Apr 2008 05:21:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4582</guid>
		<description>I assure you that the people at SocketSite aren&#039;t fresh grads.

Also, they&#039;re mostly working in the financial district in SF, based on their comments.

In NYC, it&#039;s not uncommon for code monkeys to make over $200k.  But you earn every penny, and it&#039;s not uncommmon for most people to work there for less than 2 years...   For an SF trader, salaries north of that are pretty common, even without the bonuses.</description>
		<content:encoded><![CDATA[<p>I assure you that the people at SocketSite aren&#8217;t fresh grads.</p>
<p>Also, they&#8217;re mostly working in the financial district in SF, based on their comments.</p>
<p>In NYC, it&#8217;s not uncommon for code monkeys to make over $200k.  But you earn every penny, and it&#8217;s not uncommmon for most people to work there for less than 2 years&#8230;   For an SF trader, salaries north of that are pretty common, even without the bonuses.</p>
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		<title>By: mrbogue</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4581</link>
		<dc:creator>mrbogue</dc:creator>
		<pubDate>Wed, 16 Apr 2008 01:53:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4581</guid>
		<description>hehehe Crossroads, check this link out:

http://www.socketsite.com/archives/2008/04/another_admittedly_incomplete_update_for_a_few_featured.html#comments

One guy, tipster, indirectly mentions he earns $156k

Another guy, enonymous announces he makes well over $156k.

then on top of that, a guy named &quot;Ex-SFer&quot; mentions he makes more than $300k!

I know, I know, you seriously can&#039;t believe anything you read on these blogs,  but these guys seem pretty serious about their earnings.</description>
		<content:encoded><![CDATA[<p>hehehe Crossroads, check this link out:</p>
<p><a href="http://www.socketsite.com/archives/2008/04/another_admittedly_incomplete_update_for_a_few_featured.html#comments" rel="nofollow">http://www.socketsite.com/archives/2008/04/another_admittedly_incomplete_update_for_a_few_featured.html#comments</a></p>
<p>One guy, tipster, indirectly mentions he earns $156k</p>
<p>Another guy, enonymous announces he makes well over $156k.</p>
<p>then on top of that, a guy named &#8220;Ex-SFer&#8221; mentions he makes more than $300k!</p>
<p>I know, I know, you seriously can&#8217;t believe anything you read on these blogs,  but these guys seem pretty serious about their earnings.</p>
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		<title>By: Crossroads</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4580</link>
		<dc:creator>Crossroads</dc:creator>
		<pubDate>Tue, 15 Apr 2008 23:28:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4580</guid>
		<description>What&#039;s the URL on socketsite for the post you are refering to?</description>
		<content:encoded><![CDATA[<p>What&#8217;s the URL on socketsite for the post you are refering to?</p>
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		<title>By: mrbogue</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4579</link>
		<dc:creator>mrbogue</dc:creator>
		<pubDate>Tue, 15 Apr 2008 22:14:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4579</guid>
		<description>I don&#039;t believe it.   Look at socketsite.com,  80% of the people on there claim they make over $300k a year, are you telling me they&#039;re lying?</description>
		<content:encoded><![CDATA[<p>I don&#8217;t believe it.   Look at socketsite.com,  80% of the people on there claim they make over $300k a year, are you telling me they&#8217;re lying?</p>
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		<title>By: Name</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4578</link>
		<dc:creator>Name</dc:creator>
		<pubDate>Tue, 15 Apr 2008 21:38:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4578</guid>
		<description>Burbed,

I have first hand accounts from quite a few Stanford CS and some students from other schools (UCB, USF, Santa Clara, SJSU) who have graduated in the last 3 years.

Their reports are consistent with what MSG reports - that the normal starting salary with a BS in CS is about $50-60K. MS in CS pays about $5-10K more, usually because the candidates are better not because of the degree. And PhDs in CS start at $80-90K. Very, very few exceed these numbers - those are the exceptions, not the rule. My general impression is that the more qualified the person is, the more they have to interview to land a single offer - presumably because they are more specialized.</description>
		<content:encoded><![CDATA[<p>Burbed,</p>
<p>I have first hand accounts from quite a few Stanford CS and some students from other schools (UCB, USF, Santa Clara, SJSU) who have graduated in the last 3 years.</p>
<p>Their reports are consistent with what MSG reports &#8211; that the normal starting salary with a BS in CS is about $50-60K. MS in CS pays about $5-10K more, usually because the candidates are better not because of the degree. And PhDs in CS start at $80-90K. Very, very few exceed these numbers &#8211; those are the exceptions, not the rule. My general impression is that the more qualified the person is, the more they have to interview to land a single offer &#8211; presumably because they are more specialized.</p>
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		<title>By: mrbogue</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4577</link>
		<dc:creator>mrbogue</dc:creator>
		<pubDate>Tue, 15 Apr 2008 03:55:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4577</guid>
		<description>WillowGlenner,

Tell me about it.  I&#039;ve just finished up my taxes and i&#039;m going to pay dearly for some heavy stock-based capital gains I incurred this year.

So, i guess i&#039;m paying for a couple M-16&#039;s, fuel air bombs, and Haliburton-sponsored Subway/Burger King lunches for a couple of our boys over there.

No problem, but the least they could do is give me a consolation prize,  like a Al Qaeda shrunken head or something.</description>
		<content:encoded><![CDATA[<p>WillowGlenner,</p>
<p>Tell me about it.  I&#8217;ve just finished up my taxes and i&#8217;m going to pay dearly for some heavy stock-based capital gains I incurred this year.</p>
<p>So, i guess i&#8217;m paying for a couple M-16&#8242;s, fuel air bombs, and Haliburton-sponsored Subway/Burger King lunches for a couple of our boys over there.</p>
<p>No problem, but the least they could do is give me a consolation prize,  like a Al Qaeda shrunken head or something.</p>
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		<title>By: WillowGlenner</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4576</link>
		<dc:creator>WillowGlenner</dc:creator>
		<pubDate>Tue, 15 Apr 2008 03:03:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4576</guid>
		<description>MrBogue,
Well if you ask me, stocks used to be a GREAT investment. Thats because we had a government that managed the budget like a good corporate CEO.  We were paying off the US debt, and the dollar was rising, that meant US corporate earnings were growing.  Stocks were the place to be.  But in this decade we have deficits up the kazoo and a war that costs 2 trillion dollars. The US dollar has crashed and now any liquid asset that is denominated in dollars is a loser and that means all stocks.  Its real estate for me.</description>
		<content:encoded><![CDATA[<p>MrBogue,<br />
Well if you ask me, stocks used to be a GREAT investment. Thats because we had a government that managed the budget like a good corporate CEO.  We were paying off the US debt, and the dollar was rising, that meant US corporate earnings were growing.  Stocks were the place to be.  But in this decade we have deficits up the kazoo and a war that costs 2 trillion dollars. The US dollar has crashed and now any liquid asset that is denominated in dollars is a loser and that means all stocks.  Its real estate for me.</p>
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		<title>By: MSG</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4575</link>
		<dc:creator>MSG</dc:creator>
		<pubDate>Tue, 15 Apr 2008 00:34:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4575</guid>
		<description>Renter4,

Yeah, that&#039;s probably for Stanford CS grads.  In early 1999, I applied for several I/T jobs up here after college.  The best paying job was with Sun, and believe it or not, IBM.  The starting offer was 51k, which I got them to bump up to 56k since the job market was hot.  There was a report about Google employees making 200k on Digg, but that has been debunked.  Another cousin of mine works at Google, but on the marketing side.  She graduated from Berkeley with a liberal arts degree, and I remember her telling me her starting salary at Google was only 45k.  They get comps, but it&#039;s not even worth the amount of work you have to do there.  I also had to mentor a COOP/intern doing a CS masters at Stanford in 2000.  She eventually took a job with IBM.  I know IBM does NOT pay more than 70k starting for fresh out of college masters.  My other friend has a master in CS from Cornell, one of the best CS schools, and used to work at IBM&#039;s Global Services.  He eventually left for NYC to work at a finance firm there.  He told me he got a small raise and is making mid 80&#039;s out there.  I&#039;ve been in this industry for nearly 10 years.  Believe me, the dichotomy in salaries and education is huge, and often doesn&#039;t make sense.  Sometimes, it&#039;s better to be lucky than smart, like in my case.

Anyways, I don&#039;t doubt there are starter salaries out here for elite students in the 80k&#039;s, but I doubt starter salaries for engineers out here go around 125k like mentioned earlier.  There are probably exceptions to the rule, but for the normal Joe schmoe I/T guy, look to start around 50-60&#039;s.</description>
		<content:encoded><![CDATA[<p>Renter4,</p>
<p>Yeah, that&#8217;s probably for Stanford CS grads.  In early 1999, I applied for several I/T jobs up here after college.  The best paying job was with Sun, and believe it or not, IBM.  The starting offer was 51k, which I got them to bump up to 56k since the job market was hot.  There was a report about Google employees making 200k on Digg, but that has been debunked.  Another cousin of mine works at Google, but on the marketing side.  She graduated from Berkeley with a liberal arts degree, and I remember her telling me her starting salary at Google was only 45k.  They get comps, but it&#8217;s not even worth the amount of work you have to do there.  I also had to mentor a COOP/intern doing a CS masters at Stanford in 2000.  She eventually took a job with IBM.  I know IBM does NOT pay more than 70k starting for fresh out of college masters.  My other friend has a master in CS from Cornell, one of the best CS schools, and used to work at IBM&#8217;s Global Services.  He eventually left for NYC to work at a finance firm there.  He told me he got a small raise and is making mid 80&#8242;s out there.  I&#8217;ve been in this industry for nearly 10 years.  Believe me, the dichotomy in salaries and education is huge, and often doesn&#8217;t make sense.  Sometimes, it&#8217;s better to be lucky than smart, like in my case.</p>
<p>Anyways, I don&#8217;t doubt there are starter salaries out here for elite students in the 80k&#8217;s, but I doubt starter salaries for engineers out here go around 125k like mentioned earlier.  There are probably exceptions to the rule, but for the normal Joe schmoe I/T guy, look to start around 50-60&#8242;s.</p>
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		<title>By: RealEstater</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4574</link>
		<dc:creator>RealEstater</dc:creator>
		<pubDate>Tue, 15 Apr 2008 00:29:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4574</guid>
		<description>Looks like Silicon Valley economy is still on the upswing:

http://money.cnn.com/video/ft/#/video/fortune/2008/04/11/fortune.lashinsky.silverlake.fortune

That can only be positive for the local housing market.</description>
		<content:encoded><![CDATA[<p>Looks like Silicon Valley economy is still on the upswing:</p>
<p><a href="http://money.cnn.com/video/ft/#/video/fortune/2008/04/11/fortune.lashinsky.silverlake.fortune" rel="nofollow">http://money.cnn.com/video/ft/#/video/fortune/2008/04/11/fortune.lashinsky.silverlake.fortune</a></p>
<p>That can only be positive for the local housing market.</p>
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		<title>By: Pralay</title>
		<link>http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4573</link>
		<dc:creator>Pralay</dc:creator>
		<pubDate>Tue, 15 Apr 2008 00:04:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.burbed.com/2008/02/11/five-reasons-houses-beat-stocks/#comment-4573</guid>
		<description>&lt;i&gt;Pralay, hold onto those Euros because in about a year you will be able to buy the house RE is renting and then evict him/her. Then let’s talk about living cold in winter!&lt;/i&gt;
-----------

Are you talking about the guy with no qualification who does not understand that Burbed made RBA map to make joke?</description>
		<content:encoded><![CDATA[<p><i>Pralay, hold onto those Euros because in about a year you will be able to buy the house RE is renting and then evict him/her. Then let’s talk about living cold in winter!</i><br />
&#8212;&#8212;&#8212;&#8211;</p>
<p>Are you talking about the guy with no qualification who does not understand that Burbed made RBA map to make joke?</p>
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