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by dinobones 773 days ago
I think what he means is: Some SF companies pay very large compensation packages so that their engineers can afford to purchase homes.

I don't think this is true. There are only a handful of companies that pay $500k+ TC for senior+ engineers. The vast majority of companies top out at $250k, be it F500 or startups (not including their worthless "equity").

You can't afford a home, on your own, at $250k in the Bay Area. Realistically you need $500k+.

1 comments

250 is no where near enough to buy in SF. Maybe if you pinch pennies and save for 10 years. Or if you can put up a lot of equity up front.
> > You can't afford a home, on your own, at $250k in the Bay Area.