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Apr 06, 2015, 01:43 AM
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Sink or swim moment





The construction is endless. Endless highrises as far as the eye can see are going up. The Yellen said let there be credit & at once there was infinite credit. It's the largest credit boom in all history, infinitely larger than 2007, infinitely larger than 1999. Dow 18,000 was just a dream when it hit 10,000 just 5 years ago & now 40,000 is just around the corner.

Rent here is now the highest in the world. $6000, $7000, $8000 & it rises every week. You can more cheaply build an apartment out stacks of money than make the amount of money required to rent it. The Yellen decreed without total employment, the money would continue to flow, forever.

Overnight, software became the new english. Almost every conceivable task now requires writing software, but instead of the software jobs spreading out to the industries that use them, the industries chased the software jobs to SOMA. Business minds have decreed software can only be written in SOMA, by formally trained programmers with Stanford degrees.

Every conceivable product is now being developed in SOMA. Food, medicine, clothing, pet furniture, mortgages, health insurance, payment schemes, cars, shoes, farms, movies, artwork, spaceships, everything that was once created in an entire country now requires software & can only be done in SOMA.

It's horribly inefficient, but up is the new down with infinite credit. Stanford graduates live in a different universe, now making over $400,000 their 1st year after college. That different universe is rapidly becoming the baseline to stay here. The time is nearing when those of us who can't keep up with the rent are going to have to move out. There's probably 2 more years left at 2010 era salaries, but if anything necessitates going back to school, it's going to be the rising cost of living forcing us to look to bigger companies which can afford $400,000 & who need the Stanford degree more than experience.
Last edited by Jack Crossfire; Apr 06, 2015 at 01:52 AM.
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