Bay Area hammered by loss of jobs: Lack of affordable housing strangles hiring

Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by wil421 on Monday October 23, 2017 @01:51PM (#15535267)

Absolutely insane. Going to buy a house with a 15 minute commute by train downtown. I’m looking to spend less than ~350k for a house with around 1500sq feet and fenced in yard.

I will be spending less than $2k total a month. West coast is crazy.

[ Parent | on HN ]

Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by tytytytytytytyt on Monday October 23, 2017 @04:34PM (#15536737)

2k/month is fine. The guy I responded to is now moving the goalposts up to 4k/month, which is significantly more.

[ Parent | on HN ]

Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by softawre on Monday October 23, 2017 @03:32PM (#15536244)

I just paid 290k for a 3500sq-ft home with a big yard in a great school district. Indy aint so bad.

[ Parent | on HN ]

Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by NonEUCitizen on Monday October 23, 2017 @02:00PM (#15535351)

Where are you buying?

[ Parent | on HN ]

Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by wil421 on Monday October 23, 2017 @02:18PM (#15535519)

Atlanta and in an area that has exploded in the past 5 years. Comparable to Austin, Houston and maybe Portland. Maybe not so comparable for Portland anymore.

Bankrate calculator says it’s $700k more expensive for the same house in SF.

[ Parent | on HN ]

Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by bking on Monday October 23, 2017 @03:00PM (#15535959)

Yeah, ATL is adding a number of tech jobs (hopefully Amazon too). Cost of living is increasing, but relative to everywhere else it is cheap to live in the city center. Developments of apartments and condos has exploded, which is making for a nice urban feel.

[ Parent | on HN ]