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A comment on Bay Area hammered by loss of jobs: Lack of affordable housing strangles hiring. Parent comment

Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by jraby3 on Monday October 23, 2017 @01:25PM (#15534942)
Wow that is a crazy rent. I also live with a wife and two kids in about a 1000 sq. ft. apartment and make a similar income (but pay $2k rent). I've been squirreling away $50k per year and buying cheap homes to help with passive income. Up to about $7k per month which helps a lot both in terms of future saving and investing and also with peace of mind if I ever lose my job.
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Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by cat199 on Monday October 23, 2017 @01:38PM (#15535100)
> squirreling away $50k per year

If you can save that much, it's not really 'squirreling'..

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Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by cisanti on Monday October 23, 2017 @09:22PM (#15538448)
The whole SV area is out of touch with reality.
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Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by breitling on Tuesday October 31, 2017 @04:58PM (#15596499)
Hey - what area do you invest in? Mind if I ask you a couple questions? please email me at trackoid at gmail dot com

I'm also interested in REI, but not sure where the returns are in this market.

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