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by api 4543 days ago
I turned down a really great salary offer in the Bay Area recently because it was not that great given the housing prices. Basically you'd have to offer me over $175k to even consider coming there... and even then I'd be concerned about continued real estate inflation pricing me out of any chance of getting desirable housing and paying it off in a decent amount of time.

The other thing is that in Silicon Valley you're paying for RE like it's New York but you don't live in New York. You live in a boring and IMHO rather ugly suburb. I was shocked at how bad it was... I was driving around and thinking "I cannot think of anywhere else in the USA where so much gets you so little."

2 comments

I found that out the hard way. Six months ago I got a job in SF that paid me 50% more, and moved to the East Bay where I pay almost 3x the rent (for the same square footage, in a much crappier neighborhood). I could buy a nice house where I'm from (WA) for what I'm paying in rent now, and that stings a bit.

It's definitely been a fun experience (there're TONS of cool things to do here), but had I known 6 months ago what I know now... I'm not sure that I would have made the transition.

Some of the DC suburbs are getting close in terms of how expensive it is to live in desolate suburbia.