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by bitshepherd
3123 days ago
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For a single earner making at least $100k a year, I'm looking at moving away from the Bay Area for any notion of not blowing $50k on rent every year. I can't even touch the housing market in an area inconvenient to my work without literally hundreds of thousands of dollars in liquidity. That is cash that I simply do not have, nor do I have wealthy relatives that can front me the money. Please don't assume that just because an engineer has, what looks like a high income on paper, that they can even afford houses that cost millions of dollars in a high cost of living region as the Bay Area. My coworkers that have set down roots here have to drive hours, and they're also making "at least 100k a year". What about the engineers that need jobs and homes, and the people that move just for their job? City's full, go away. |
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You and the parent agree. guywaffle's comment talks about people who make much less than you and are in the exact same situation. Absolutely true that a high income doesn't make spending 50% of it on housing any better. And someone who makes a smaller amount doesn't even have that option. You're both screwed, just in different degrees.