It's not SV, it's the US. 200k is easily achievable for a senior engineer anywhere in the US with the rise in wfh.

But what percent of software engineering jobs are in the US? It's not really a bubble if it's the majority of software positions.

Reminds me of Dijkstra's "On the fact that the Atlantic Ocean has two sides" followed by Alan Kay's rebuttal "On the fact that most software is written on one side of the Atlantic Ocean."

Sure developers in the EU get paid less, developers in Mobile Alabama working locally also probably get paid less, but most developers aren't in these areas.

I also know plenty of EU citizens working for US companies making 200k+ remotely, so it's not like these positions are closed off from people residing in the EU.

Even Dijkstra eventually ended up at UT Austin.