Ditto housing. I just can't believe that people are able to afford the prices of the past 1-2 years and must be paying beyond their means?
As someone who bought a house in the Bay Area last year, no. I think I could have spent 2x what I paid but I hate spending money and settled for something more reasonable.
Now I have a large safety net and more money to put into retirement. This is on top of having kids and paying for daycare.
I can’t imagine I’m that unique. I think there is a disconnect with people who don’t work at these companies and understanding how much you can be paid.
At what level did you feel OK to take the plunge? I work at a top bay area company but only have 3 YOE and <1M NW. I have no idea when I would be able to afford all these multi-million dollar bay area houses, all I know is that it would require a lot more promotions.
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As someone who bought a house in the Bay Area last year, no. I think I could have spent 2x what I paid but I hate spending money and settled for something more reasonable.
Now I have a large safety net and more money to put into retirement. This is on top of having kids and paying for daycare.
I can’t imagine I’m that unique. I think there is a disconnect with people who don’t work at these companies and understanding how much you can be paid.
"Poor people just don't understand how rich I actually am."
I’m speaking to people who think they earn a lot and actually don’t.
At what level did you feel OK to take the plunge? I work at a top bay area company but only have 3 YOE and <1M NW. I have no idea when I would be able to afford all these multi-million dollar bay area houses, all I know is that it would require a lot more promotions.
When we had a kid. We planned on staying for the long term since we have family in the Peninsula, it was just a matter of time.
If I were single and didn’t have kids I’d keep renting in SF and probably not own much.