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by anovikov 2369 days ago
To be honest i'm not impressed at all, is $3700 per month super expensive? In any major city people pay as much or more.

Here in Limassol (not a major city by any measure), a single bedroom is about 1/3 as much (EUR 1000, i'm paying 1100 for bit nicer one), but tech salaries are 3000-5000 net, and 5000 is very rare. Seems to be about same level of affordability: a mediocre developer pays 1/3 salary for a 1-bdr. And nobody is upset with housing costs here, things look just fine.

In Paris, Frankfurt, and Munich you easily pay same amount (3400 EUR a month) for a 1-bdr an no one complains. And tech salaries are completely nowhere like Valley's, in fact it's pretty common to pay the entirety of a mediocre developer's (net) salary for 1-bdr rent. They can't afford living in cities and commute for hours.

1 comments

> In Paris, Frankfurt, and Munich you easily pay same amount (3400 EUR a month) for a 1-bdr an no one complains.

That's a gross exaggeration. That's twice or thrice the price of a well-located AirBnb in those places, let alone a contract rental.

You are right, i took a look - apparently i was mainly considering luxury rentals because that's what caught my eye.

Anyway, (tech) salary vs rental in the Valley isn't so bad. Life sucks there for other people though - who's not in tech.