Fedora 9 Would Cost $10.8B To Build From Scratch
ruphus13 writes "The Linux Foundation's recently released report claims, '... it would take approximately $10.8 billion to build the Linux community distribution Fedora 9 in today's dollars with today's software development costs.' The article states why this might actually understate the value of the distros, though, since it doesn't include the power of the brand and the goodwill value. 'There were several approaches that the Linux Foundation employed to reach the $10.8 billion dollar figure, including calculating the number of lines of code in Fedora 9 (204,500,946), and using an average programmer's salary of $75,662.08 — as determined by the US Department of Labor — to measure development costs ... On the balance sheets of Coca Cola and many other huge corporations, you find goodwill listed as a major asset.'"
You make $3.78/hr ?
Where I live people who make $75k have to live in an apartment, and it is unlikely they will be approved for a home loan without at least 30% down (around $150k). If you save aggressively on that sort of salary it should only take about 5-7 years to scrap together enough money for your down payment. Once you have the house, I'm not sure how you pay the mortgage (roughly $3k/month).
For you it will take closer to 70 years.
“Common sense is not so common.” — Voltaire
As I wander around San Francisco, I see people living in some pretty squalid housing. I think to myself, "that's a 2 million dollar property? How? And how does that guy manage it?"
I get the impression that there might be affordable housing in San Francisco, though not the really desirable kind of housing that goes for $1000 per square foot.
I could be wrong, but then, the market still bears ridiculous pricing. It means you either need equity in the market, or it means that enough people have enough income to saturate the housing market.
I love the Bay Area, but there are only a few parts that I think I want to live in. I'm amused by the real estate in San Fran because I know of a time when some of the 10 million dollar victorians were considered "ghetto" and were difficult to sell at any price.
There are people who move to the Bay Area as an end in itself. I would move there if I could consider it a benefit of having a job or a business that earned enough that the expense of living there was not my most significant concern. On the other hand, I think my resumé allows me to say things like that to recruiters :-)
Meanwhile, I'll settle for an Irish Coffee at the Buena Vista and a Tikka Masala at India Curry House, and then leave the City for my relatively low cost of living home. The Bay Area doesn't want me so badly that it's willing to make it look cheap, so why in the hell would I move there? If the best I could do was $75K, I'm pretty sure I'd make a priority of getting out of there.
-fb Everything not expressly forbidden is now mandatory.