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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 MystK on Monday October 23, 2017 @07:19PM (#15537756)
I was born and lived in the Silicon Valley all my life. I think you're over-exaggerating the issue.

https://www.zillow.com/homedetails/1052-Montgomery-Ave-San-B...

Here's a 1200 SQFT 4 bedroom home in San Bruno for only 700k.

The fact is that you are looking at homes over your budget, especially if you haven't saved a sizable down payment. Yes it's worse than other areas, but there are a lot of opportunities for people here.

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Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by linkregister on Tuesday October 24, 2017 @12:57AM (#15539321)
That house will sell for $850k.

But yes, the OP should be able to easily afford it.

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[dead]
Re:Bay Area hammered by loss of jobs: Lack of affordable hou... by MystK on Tuesday October 24, 2017 @12:14AM (#15539163)
The monthly payment is a mere $3071 a month for 30 year and $4,429 for 15 year.

With his income, he can comfortably afford a monthly payment of $7,140.

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