Google employee lives in a truck in the company's parking lot

Re:Google employee lives in a truck in the company's parking... by sdenton4 on Wednesday October 21, 2015 @01:22AM (#10423853)

You're comparing a two bed room house (at the low end of what's available for price, I'll add) to four bedroom rentals. I'm currently in a shared four bedroom house with five people; together, my wife and I pay $1500/mo for rent. Sharing one of the cheaper 4br houses equally amongst four housemates gives $800/mo. So, meh.

We are planning to get things together to buy a house; the quick survey just convinced us that it didn't make sense to rush in. We also feel that there's a decent possibility that the housing prices actually are bubbly, which makes us less inclined to rush out and buy something. Overall, the exercise convinced us to wait a bit and get together enough to shoot for a 20yr mortgage.

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Re:Google employee lives in a truck in the company's parking... by beatpanda on Wednesday October 21, 2015 @01:45AM (#10423909)

Read the ad again, its a 4 bedroom house split into two units. And you just went from "it costs you just as much to rent as it does to buy" to "cutting my monthly payment in half isn't a strong enough motivator."

I stand by what I said -- renting is irrational. The kid in the box truck is smarter than every Bay Area software engineer blowing their money on rent.

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