Why is there such a disparity in quality of life for tech workers in SV? It seems like the housing crisis there will eventually stifle productivity (no one can afford to move there for entry level roles without giving up a ton). Are there some special dynamics that cause these types of scenarios except for the fact that a lot of people got rich quickly in one place?
Entry level roles are for fresh graduates. A converted living room is a step up from college and compatible with aggressive savings on a big-co wage. Entry level engineers willing to run smaller savings rates can even afford to live alone, though it can be a stretch.