I don&#x27;t know when you lived in those cities, but things have evidently changed. I&#x27;ve lived in Sydney and Seattle. Median home price in Sydney is currently ~AUD$1 million and median home price in the Seattle area has reached ~USD$0.5 million. Average developer salaries in those cities are certainly not 60% of the value of a home.<p><a href="http:&#x2F;&#x2F;www.theguardian.com&#x2F;business&#x2F;2016&#x2F;mar&#x2F;10&#x2F;australias-median-capital-city-house-price-falls-for-first-time-in-three-years" rel="nofollow">http:&#x2F;&#x2F;www.theguardian.com&#x2F;business&#x2F;2016&#x2F;mar&#x2F;10&#x2F;australias-m...</a><p><a href="http:&#x2F;&#x2F;www.seattletimes.com&#x2F;business&#x2F;real-estate&#x2F;king-county-home-prices-hit-a-new-record-in-december&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.seattletimes.com&#x2F;business&#x2F;real-estate&#x2F;king-county...</a>