I totally agree and have made similar points here on HN in past threads.
It is nice that you can fairly easily make $85k or higher in some regions as an entry level developer, but it sucks that outside of a few exceptions that prove the rule you're unlikely to ever make more than about $150,000 (and I'm talking Bay Area, CA dollars here) without moving into a pure manager role or playing the lottery ticket of starting your own company.
Granted, $150,000 is a lot of money relative to the average income globally, even when you factor in cost of living adjustments, but to have bankers(!) and politicians(!) saying it is too much is a fucking slap in the face.
Then maybe the Bay Area, the tech industry, and the economy broadly shouldn't be run so "efficiently" that salaries and real-estate prices become locked to each-other.
It is nice that you can fairly easily make $85k or higher in some regions as an entry level developer, but it sucks that outside of a few exceptions that prove the rule you're unlikely to ever make more than about $150,000 (and I'm talking Bay Area, CA dollars here) without moving into a pure manager role or playing the lottery ticket of starting your own company.
Granted, $150,000 is a lot of money relative to the average income globally, even when you factor in cost of living adjustments, but to have bankers(!) and politicians(!) saying it is too much is a fucking slap in the face.