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>It does seem a bit tiring to me whenever seeing articles about people moving out of tech that some people seem convinced they cannot live 'reasonable lives' without earning more than 95% of the population.

Fair, but another way of looking at it is - since the 1980s the income - cost of living gap has steadily increased, such that "median income" translates to a much more frugal lifestyle than the name implies, to put it euphemistically. Its not like people work multiple blue collar jobs because they want/love to.

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