How much does it cost to build a home in Silicon Valley? (2016)

Re:How much does it cost to build a home in Silicon Valley? ... by visarga on Wednesday January 31, 2018 @01:56AM (#16272069)

Is it even worth it? It's like buying a car in a city where average commute time is two hours. Diminishing returns, not worth it to have a car under those conditions.

Maybe a different region would have better balance, even at lower pay. I know people who own a newly constructed, large house with a garden, two cars, and raise kids in Romania on a meagre salary compared to yours. In the Bay area most of the profit and hard work goes to pay the exorbitant housing prices - just making the landlords and constructors rich.

Reminds me of Andrew Ng who expects "70-90 hours a week" from his employees, and is talking up "importance of velocity" with his new fund. That's 15 hours of work per day and one day off per week. Crazy! Why bother to do that, it would be a disaster for balanced life. (https://techcrunch.com/2018/01/30/andrew-ng-officially-launc...)

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Re:How much does it cost to build a home in Silicon Valley? ... by fbdjskajxb on Thursday February 01, 2018 @11:35PM (#16288445)

If you buy, you have expenses but any principal payments you make are wealth that you keep. So you can retire to Romania later if you feel like it. Getting paid Bay Area salaries and owning a home is a great way to build wealth even if you ignore the massive price appreciation.

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