I don't disagree with this, and I've never worked at MAGMA for these reasons, but I'd be lying if I said I wasn't incredibly tempted. As an experienced dev (possibly not a great one though), I'm struggling to make ends meet with one dependent. Being able to eat out without having to update a spreadsheet to see what other things we're not going to be able to afford is a pretty big draw.
And I'm above the median for software devs in my area, but in a high CoL city in Canada.
And I'm above the median for software devs in my area, but in a high CoL city in Canada.