Most devs with a few years experience won't earn that.
You referred to "choice" jobs. Those aren't jobs for people with a few years of experience. Think 5-10 years.
Furthermore, I can assure you that a huge number of people at Google clear $200k per year in total compensation, which includes a high salary, stock, and bonuses. I know people at other companies I've mentioned who do so as well, with less than 10 years of experience in the industry.
There are also plenty of homes that cost less than the median -- in fact, half of them do...
Most devs with a few years experience won't earn that.
How sure of that are you? I don't have a lot of data points, but 3.5 years of experience got me a 270k offer from Google. I find it hard to believe it was _that_ much higher than average.
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Median home price sale in Santa Clara is 1.25 Million dollars.
That's like $7K a month mortgage payment. $82K/year. You need to be earning $200K to pay that.
There are surely a lot of people at Google earning $200K, but not that many in relative terms. Most devs with a few years experience won't earn that.
If you need to earn $200K to be able to afford a home, I would say that's ridiculous.
Most Google developers are very talented and educated, and will not be able to buy a home. That sucks.
You referred to "choice" jobs. Those aren't jobs for people with a few years of experience. Think 5-10 years.
Furthermore, I can assure you that a huge number of people at Google clear $200k per year in total compensation, which includes a high salary, stock, and bonuses. I know people at other companies I've mentioned who do so as well, with less than 10 years of experience in the industry.
There are also plenty of homes that cost less than the median -- in fact, half of them do...
If you are married, 2 incomes, and reasonable high up the ladder you could eventually get something.
I'm not going to argue that's a reasonable set of requirements to get a house, but it's possible.
How sure of that are you? I don't have a lot of data points, but 3.5 years of experience got me a 270k offer from Google. I find it hard to believe it was _that_ much higher than average.
Average base salary at Google is 128 according to this:
http://www.businessinsider.com/a-google-programmer-blew-off-...
I don't think base salary is a very good measure of compensation at places like Google. Are you suggesting that RSUs and bonuses be valued at $0?