$100k/year still might not be enough to buy a home

Re:$100k/year still might not be enough to buy a home by KoftaBob on Tuesday October 15, 2019 @03:48PM (#21262875)

Austin and Chicago definitely fit in that overlap. On top of that, when you compare SF to say, Cleveland, sure the median salary in SF could be 2x as high, but the median home price is close to 10x as high.

NIMBYism is going to absolutely choke the bay area over time, and newer generations of startups, VCs, and accelerators will wise up and broaden their horizons. The frequently parroted argument of "SF has the best pool of engineering talent" only goes so far.

Especially when quality engineers can move wherever they want, and Stanford and UC Berkeley aren't pumping out nearly enough CS grads to justify the absurd cost of operating for startups to stay there.

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Re:$100k/year still might not be enough to buy a home by efa on Tuesday October 15, 2019 @04:01PM (#21263002)

Or San Antonio. A few less jobs and a little lower pay than Austin but housing is way cheaper.

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Re:$100k/year still might not be enough to buy a home by autotune on Tuesday October 15, 2019 @04:53PM (#21263617)

Mid 20s guy here; I lived in San Antonio a few years back for a year and spent every other night driving up to Austin, because there is basically nothing to do in downtown SA unless your only interests are drinking and food trucks.

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