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by newshorts 1304 days ago
A cautionary tale for you:

I was in a similar situation a few years ago, working at FAANG and living in SCV. Wanted a house more than anything.

Eventually, got relocated to a lower COL area and finally accomplished my dream of owning a home.

Inspector didn’t catch a few things, also bought at the peak of housing mania and now we are both underwater and have sunk a large chunk of our savings into making the house safe and livable for our kids.

If we would have stayed in SCV and rented we’d be in a better financial position. However, overall we are happy with our choices given we don’t have to stress about things like keeping a 3yo quiet for the neighbors who live below us.

Not saying a house won’t make you happy, just saying houses are not a complete measure of financial success.

1 comments

SCV = Stato della Città del Vaticano? Yeah, the housing market in Vatican City isn't great unless you're military or the Pope.
I think OP means Silicon Valley?
Thank you, of course I answered Vatican as a joke but I genuinely didn't know SCV stood for Silicon Valley, even if it should have been obvious, if I had thought about it some more.
Neither did I... I took a guess.

I generally see it abbreviated as SV.