well anecdotes are anecdotes. But tech tends to be much less sticky in this regard. And west coast much less sticky than east coast. My first job was 28/hr and the next roll almost tripled to 120k base 3 years later. It does partially mean hustling in some regards (be it on portfolio or leetcode), but when tech needs workers, they care a lot less about your piece of paper.

But then again, we are definietly not in times of normalcy. If nothing changes quick we may all be losing our spending power.