I was an engineer in what feels like a previous life! Living in the San Francisco Bay Area currently, it is easy to see how the tech industry has affected the wider economy. Up until a few months ago I lived in San Diego which is still struggling under the weight of the real estate collapse, but here in the Bay Area things seem to be going pretty well. It must be easier to keep housing prices up when companies like Apple, Google and even the social media giants of Facebook and Twitter have thousands of employees, most of whom earn more than $100,000 per year.
You might be wondering why I moved to the Bay Area, if I’m no longer an engineer. A while ago I started a small wine business with my brother in law who lives here. We needed to be closer together, but also because there is so much wealth being created here. Given that we sell more wine gifts than bottles of wine for the purchaser themself….it makes sense to be close to an area which is churning out such record profits. We’re lucky that the tech industry has continued to do so well even in this epic financial meltdown over the past few years!