[dsr_]

"here in Florida (a fairly low cost area)"

Let's say you work in downtown Tampa and live 30-40 minutes away. You can get a 4 bedroom 2500 sq ft house for $350K. That's about 3 years salary for you.

Now let's say you get a job at Facebook and want to find a similar house, about 30-40 minutes away. I think it will cost you upwards of $2M. You need to be making $670K or more to make housing the same fraction of your living expenses.

Your quality of living and long term economic prospects are probably significantly better where you are.

[vacri]

> to make housing the same fraction of your living expenses

And when housing is the same fraction, the disposable income after that fraction is removed is far, far higher. As Bill Gates says, once you can afford the $30 burger, there's nowhere to get an even more expensive burger.

[etblg]

Bill Gates needs to update his quote, I don't think $30 is where burger-technology has topped out these days

[gozur88]

More than that. If you make that kind of money you're going to pay a higher percentage of it in taxes.