Are you criticizing the employees for wasting their money on frivolities like a one-bedroom apartment?
Living in SF is a choice, for technologists. In addition to the absurd rent, there is also the lifestyle nominally associated with the choice to live in SF. The bars, the restaurants, the nightlife, the shows, etc.
It's a perfectly valid choice to take advantage of that when you don't have a family and all the associated responsibilities yet.
Look at all the baby boomers now who 'didn't save enough to retire', it's crazy to spend 50% of your income on rent.
I fully agree. Personally I would hate to spend 50% of my earnings on a rental property month after month. Suppose there's not all that much that can be done about it given the constant population growth and everybody wanting to be close to urban centres. Makes it very competitive.
I say: save while you can, when you start a family you will save a Lot less
I fully agree. Making a great salary with a great job, probably working really hard, save that so when the time comes you are ready for your next adventure or family and not still worried about your 3.5k/mo rent. Hindsight is always 20/20.
But no, we must experience "the city" at all costs...
...and keep repeating that "the city" is the best place in the world, at every opportunity, especially since no one outside gives a rat's ass.
You care so little that you have to point how stupid they are for living there.