Re:Stanford CS007: Personal Finance For Engineers
by Spooky23 on Tuesday November 28, 2017 @11:07AM
(#15798434)
Living in the SF Bay Area is like the anti-pattern for gathering wealth. You make lots of money, but it's a bad cash flow story.
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Re:Stanford CS007: Personal Finance For Engineers
by jogjayr on Tuesday November 28, 2017 @03:28PM
(#15801160)
That's not necessarily true, especially if you work in tech.
Re:Stanford CS007: Personal Finance For Engineers
by wpietri on Friday December 01, 2017 @10:51AM
(#15824522)
It depends on how willing you are to live below your means, and below what your peers in other regions have. The programmers I know outside the Bay Area (or NYC) own houses with yards that have plenty of room for kids. Even relatively young ones. To buy the median single family home in San Francisco or San Mateo country, the minimum salary is circa $290,000. [1]
[1] http://www.mercurynews.com/2017/08/11/bay-area-real-estate-t...