Re:Canada facing ‘brain drain’ as tech talent leaves for Sil...
by digianarchist on Friday May 04, 2018 @03:46PM
(#16997624)
I pay $1750 CAD for a 1 bed + den near to the subway line. It's around 700 sqft.
Re:Canada facing ‘brain drain’ as tech talent leaves for Sil...
by sidlls on Friday May 04, 2018 @04:00PM
(#16997772)
Here's a CL search just to show you what you could get on the Peninsula. It's not the city, but it's close enough. https://sfbay.craigslist.org/search/pen/apa?sort=priceasc&nh...
The "near downtown San Mateo" listing is a 5-minute bike ride from Caltrain, 600sq ft and US$1785. So about CAD$600 more than your rent.
Re:Canada facing ‘brain drain’ as tech talent leaves for Sil...
by analyst74 on Friday May 04, 2018 @05:26PM
(#16998504)
The equivalent of $1750 Toronto condo (modern high rise with all the amenities) is going to be very hard to find in SV except some of the newer constructions at $3500~4000.
A friend has a one bedroom in San Mateo in the sub $3000 range. The building is very old, no amenities or views to speak of, and not even in-suite laundry.
Re:Canada facing ‘brain drain’ as tech talent leaves for Sil...
by sidlls on Friday May 04, 2018 @08:32PM
(#16999538)
Your friend is getting hosed. I have a 3 bed, 2.5 ba 1600 sq ft duplex with a yard near downtown for $4k/mo. It's older, but there's nothing wrong with it, it has a garage and a W/D, driveway, etc.
The same situation exists across the US. For example I can get a mortgage on a nice place in the Midwest that is half my current rent in SV. That amounts to about $24k/year. However I'd have take a pay cut of about $40k gross (or more) for a job with identical responsibilities and to live in a region with far fewer opportunities. It's a net loss.