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by refurb 2469 days ago
It’s important to note I said “in SF”.

If you want to save up a $300k down payment on a single family home, $5k a month in savings will take you 5 years (assuming you ignore your retirement entirely).

Otherwise, I agree that $5k per month after taxes and expenses is a ton of money.

1 comments

My point was that $5k a month is a lot of money, even in SF! $5,000 a month is more than the take-home income of the average worker in SF.