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A comment on 90-minute ‘super commutes’ more common as Bay Area housing shortage intensifies. Parent comment

Re:90-minute ‘super commutes’ more common as Bay Area housin... by ryanSrich on Wednesday April 25, 2018 @01:48PM (#16924095)
Average FANG salary is $200k with roughly another $200k in equity each year spread out over 4 years. So that's roughly $400k per year in total comp. Conservatively 40% of that is going to taxes, so take home is closer to $240,000.

While $240,000 is a nice salary it's not even close to what you'd need to afford a house in SV. And that's just housing. All in all it feels like a bad deal.

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Re:90-minute ‘super commutes’ more common as Bay Area housin... by tedsanders on Wednesday April 25, 2018 @02:23PM (#16924466)
Do you have a source for the average FANG salary being $200k cash plus $200k in equity?

Glassdoor shows Google software engineers make a base of $127k cash plus $75k bonus and stock:

https://www.glassdoor.com/Salary/Google-Salaries-E9079.htm

Senior software engineers make more, but there seem to be many fewer of them relative to software engineer.

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Re:90-minute ‘super commutes’ more common as Bay Area housin... by jeffreyrogers on Wednesday April 25, 2018 @03:05PM (#16924929)
It can still make sense to live there while you're young, save a bunch, and then move to a lower cost of living area later. I know a few people who did this. Then you can buy a house in a great neighborhood in a smaller city closer to things you like doing. Because of compound growth saving as much as you can when you're young and have few obligations really adds up later in life.
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Re:90-minute ‘super commutes’ more common as Bay Area housin... by kolpa on Wednesday April 25, 2018 @02:10PM (#16924346)
You can move out of SV when you want to buy a house.
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Re:90-minute ‘super commutes’ more common as Bay Area housin... by rokhayakebe on Wednesday April 25, 2018 @02:06PM (#16924299)
While $240,000 is a nice salary it's not even close to what you'd need to afford a house in SV

This cannot be correct. If you are taking home $20,000 a month and cannot have a house in SV the problem is not affordability but availability. Or what kind of house are you talking about.

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