Something that is (typically) left out in these articles about how expensive rent in SF is, is that even for tech folks with rather high income the city becomes too expensive as soon as you have family. It might be ok to pay 2.5k per bedroom when you're single, but when you pay an additional 1.5k per child in daycare perspective changes.
In my opinion, if the trans-bay (e.g. Oakland to San Mateo) and around-the-bay (Berkeley - SJ) public transport would be reasonable in terms of time, things could normalize easier. It could take some pressure of the rent market as more opportunities could be found in other places.
Childcare expenses and lack of affordable housing options for a family of four are two of the primary reasons my wife and I moved away.
I really didn't feel like being on the hook for a $6,000/mo mortgage for the next 30 years. It'd still be a mediocre home at best and I'd never see my kids because I'd be out hustling trying to pay for it.
Comments
Something that is (typically) left out in these articles about how expensive rent in SF is, is that even for tech folks with rather high income the city becomes too expensive as soon as you have family. It might be ok to pay 2.5k per bedroom when you're single, but when you pay an additional 1.5k per child in daycare perspective changes.
In my opinion, if the trans-bay (e.g. Oakland to San Mateo) and around-the-bay (Berkeley - SJ) public transport would be reasonable in terms of time, things could normalize easier. It could take some pressure of the rent market as more opportunities could be found in other places.
Childcare expenses and lack of affordable housing options for a family of four are two of the primary reasons my wife and I moved away.
I really didn't feel like being on the hook for a $6,000/mo mortgage for the next 30 years. It'd still be a mediocre home at best and I'd never see my kids because I'd be out hustling trying to pay for it.
No thanks.