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by bogomipz
3631 days ago
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That's still pretty crazy though. What if you had a kid(s)? That's $2700 a month that could be building equity somewhere else. From what I have seen the salary spread between say SF and NYC is not enough to compensate for the higher rental costs in SF. |
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Good luck with burning out at 35 with no passive income streams. I'd rather build equity, and even have a couple of rental properties from being a top 10% earner in a smaller area. That's a million dollar piggy bank being filled by someone else AND a passive income stream on which to retire.