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Is Moving To Australia Still Worth It In 2017/18

Is Moving To Australia Still Worth It In 2017/18

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Old Dec 21st 2017, 7:32 pm
  #76  
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by Moses2013 View Post
The suit wasn't in relation to that but I doubt a young developer can buy a sandwich shop these days. I know that some of our developers in India get roughly €1000. Even for a city in India not enough to buy the sandwich shop.
Some of our devs in India are on the same, that's why the Indian devs get all the shit jobs. If they were any good they would be paid more, and extracted from India ASAP.
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Old Dec 22nd 2017, 2:43 am
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by Beoz View Post
Some of our devs in India are on the same, that's why the Indian devs get all the shit jobs. If they were any good they would be paid more, and extracted from India ASAP.
What it really shows of course is the over subscription of too many people in a specific area. Nothing to do with being any good. Not sure what you refer to. Many thousands of people from The Sub Continent work in IT in Australia.
Just as many work in Silicon Valley.


India, as other developing world countries, it was a problem in Malaysia, as well when lived there, have an over abundance of university educated people , without the necessary development to anywhere nearly absorb the numbers.


More people. More competition. Other criteria kicks in to getting a job. Like family contacts/kickbacks in cash or other means/ or emigration.
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Old Dec 22nd 2017, 3:02 am
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by the troubadour View Post
What it really shows of course is the over subscription of too many people in a specific area. Nothing to do with being any good. Not sure what you refer to. Many thousands of people from The Sub Continent work in IT in Australia.
Just as many work in Silicon Valley.


India, as other developing world countries, it was a problem in Malaysia, as well when lived there, have an over abundance of university educated people , without the necessary development to anywhere nearly absorb the numbers.


More people. More competition. Other criteria kicks in to getting a job. Like family contacts/kickbacks in cash or other means/ or emigration.
Awesome. You better make some friends then.
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Old Dec 22nd 2017, 6:43 am
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by Beoz View Post
Awesome. You better make some friends then.


Just ensure you are wearing your favourite shirt when it all goes belly up.
Hopefully they'll allow you the shirt on your back???
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Old Dec 22nd 2017, 7:34 am
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by the troubadour View Post
What it really shows of course is the over subscription of too many people in a specific area. Nothing to do with being any good. Not sure what you refer to. Many thousands of people from The Sub Continent work in IT in Australia.
Just as many work in Silicon Valley.


India, as other developing world countries, it was a problem in Malaysia, as well when lived there, have an over abundance of university educated people , without the necessary development to anywhere nearly absorb the numbers.


More people. More competition. Other criteria kicks in to getting a job. Like family contacts/kickbacks in cash or other means/ or emigration.
Regarding Silicon Valley. This is a good article what can happen when there are apparently so many high paying jobs https://www.theguardian.com/technolo...d-feeling-poor


With more people you often have more greed too. Silicon Valley is the best example how people try to rip off people until your salary is worth nothing.
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Old Dec 22nd 2017, 8:12 am
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by the troubadour View Post
Just ensure you are wearing your favourite shirt when it all goes belly up.
Hopefully they'll allow you the shirt on your back???
There's a certainty in life. Things do go belly up. You just need to make sure you have plans for belly up.
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Old Dec 22nd 2017, 8:19 am
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by Moses2013 View Post
Regarding Silicon Valley. This is a good article what can happen when there are apparently so many high paying jobs https://www.theguardian.com/technolo...d-feeling-poor

With more people you often have more greed too. Silicon Valley is the best example how people try to rip off people until your salary is worth nothing.
I particularly liked this one.

Another tech worker feeling excluded from the real estate market was 41-year-old Michael, who works at a networking firm in Silicon Valley and last year earned $700,000. Sick of his 22-mile commute to work, which can sometimes take up to two and half hours, he explored buying a property nearer work.

“We went to an open house in Los Gatos that would shorten my commute by eight miles. It was 1,700 sq ft and listed at $1.4m. It sold in 24 hours for $1.7m,” he said.


$700k and he is too tight to invest in a $1.7mill pad. Give me a break. He should be setting his sights on a $3mill pad.
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Old Dec 22nd 2017, 10:09 am
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by Beoz View Post
$700k and he is too tight to invest in a $1.7mill pad. Give me a break. He should be setting his sights on a $3mill pad.
But that's distorted at both ends. We actually have Australians that think $1.5m properties are the norm and that's what an average home costs.

Yet in the USA, $1.5m still buys you a house in the Hollywood Hills amongst the celebrities. Or a stunningly large mansion in cities like Dallas.

I mean a house of that value in the USA is extremely expensive and not the norm outside of a tiny amount of locations (Manhattan, San Francisco etc)

And $700k might be a good year, might have been a good bonus or contract. Still, I read he accepted half of that to relocate to San Diego - that's a seriously good lifestyle to be living there on $350k

Last edited by sr71; Dec 22nd 2017 at 10:13 am.
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Old Dec 22nd 2017, 7:07 pm
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by sr71 View Post
But that's distorted at both ends. We actually have Australians that think $1.5m properties are the norm and that's what an average home costs.

Yet in the USA, $1.5m still buys you a house in the Hollywood Hills amongst the celebrities. Or a stunningly large mansion in cities like Dallas.

I mean a house of that value in the USA is extremely expensive and not the norm outside of a tiny amount of locations (Manhattan, San Francisco etc)

And $700k might be a good year, might have been a good bonus or contract. Still, I read he accepted half of that to relocate to San Diego - that's a seriously good lifestyle to be living there on $350k
The article is not talking San Diego. Its all about San Francisco where the $700k jobs are and the $1.7mill houses are. Its all relative. If San Diego had the $700k jobs houses would be the same price. But they do not.
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Old Dec 22nd 2017, 8:58 pm
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by Beoz View Post
The article is not talking San Diego. Its all about San Francisco where the $700k jobs are and the $1.7mill houses are. Its all relative. If San Diego had the $700k jobs houses would be the same price. But they do not.
You should read the article, it specifically says he moved out of San Francisco to accept a role in San Diego where he can afford the lifestyle.

And salary has not much to do with it. The problem in San Francisco is the supply-side, there is not enough housing to meet demand due to various restrictions and zoning.
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Old Dec 22nd 2017, 10:02 pm
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by Beoz View Post
The article is not talking San Diego. Its all about San Francisco where the $700k jobs are and the $1.7mill houses are. Its all relative. If San Diego had the $700k jobs houses would be the same price. But they do not.
I dare say you probably would. Problem being the swagger and opulence comes in spades in the banking/financial industry, but the culture is short term.
they get fired regularly.


I expect the individual in question has awoken to the insanity of it all and come to an alternative self realisation.
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Old Dec 22nd 2017, 10:24 pm
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by Beoz View Post
There's a certainty in life. Things do go belly up. You just need to make sure you have plans for belly up.
What's the saying with regards to the best laid plans.....?
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Old Dec 23rd 2017, 9:50 pm
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by sr71 View Post
You should read the article, it specifically says he moved out of San Francisco to accept a role in San Diego where he can afford the lifestyle.

And salary has not much to do with it. The problem in San Francisco is the supply-side, there is not enough housing to meet demand due to various restrictions and zoning.
Nice try. Didn't feel like mentioning the halving of the salary?

If housing is half the cost of San Fran, after mortgage and day to day cost of living he is still going to have more money in the bank in San Fran on a San Fran salary as he has more disposable income.

Of course if he maxes out his disposable income in either location its a no net gain.

But he doesn't want to do that as he is quibbling about 1.4 on a 700k salary ...... no where near his max.

He's not really doing himself any financial favours moving to SD.
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Old Dec 23rd 2017, 9:51 pm
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by the troubadour View Post
I dare say you probably would. Problem being the swagger and opulence comes in spades in the banking/financial industry, but the culture is short term.
they get fired regularly.


I expect the individual in question has awoken to the insanity of it all and come to an alternative self realisation.
Another rubbish statement. Where to you read this crap?
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Old Dec 24th 2017, 4:06 am
  #90  
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Default Re: Is Moving To Australia Still Worth It In 2017/18

Originally Posted by Beoz View Post
Another rubbish statement. Where to you read this crap?


The Troub has trumped you yet again. /Its called knowledge of the subject referred to. If you only read the segments that appear to endorse your point of view, you will never arrive at a thought out conclusion to support your statement.


It will always be and remain sound bites. Nothing more.
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