Re:NYC Skyscrapers Sit Vacant, Exposing Risk City Never Pred...
by BluePen7 on Friday May 19, 2023 @03:38PM
(#36005969)
I also preferred working in office. My company had a really nice one.
But due to covid forcing remote work I was able to go from renting a basement, to buying a home (and renting out MY basement).
House cost me the same as a city apartment, but I only qualified for the mortgage due to the added rental suite income. So if I'd stayed, I'd be unable to buy and have to continue renting.
Compared to staying in town, since I made the move in 2020, the difference in my net worth is now more than the entirety of my untaxed salary over that time.
tldr: I prefer office work, but working remotely has been the equivalent of earning 2.5X my salary the whole time.
But due to covid forcing remote work I was able to go from renting a basement, to buying a home (and renting out MY basement).
House cost me the same as a city apartment, but I only qualified for the mortgage due to the added rental suite income. So if I'd stayed, I'd be unable to buy and have to continue renting.
Compared to staying in town, since I made the move in 2020, the difference in my net worth is now more than the entirety of my untaxed salary over that time.
tldr: I prefer office work, but working remotely has been the equivalent of earning 2.5X my salary the whole time.