I think the problem is that good jobs (you can save to buy house) are gone. Basically, in SV, you can get 150K salary with 20 years experience and PhD only at Facebook, Google, Oracle, etc. However, these companies are extremely picky and positions like that are rarely open.
Smaller companies (and startups) are just looking for programmers - preferable fresh from college.
I predict this trend will continue: low end of programming business will grow and salaries will be suppressed because level of entry will be lowered as time goes. The high end of programming will shrink and it will be available only in big corporations.
Smaller companies (and startups) are just looking for programmers - preferable fresh from college.
I predict this trend will continue: low end of programming business will grow and salaries will be suppressed because level of entry will be lowered as time goes. The high end of programming will shrink and it will be available only in big corporations.