5 ms·

I make 370k per year and live in a 500 sqft studio in with my gf (who makes 120 of that). We have student loans, a little credit card debt and so on. We likely

I make 370k per year and live in a 500 sqft studio in with my gf (who makes 120 of that). We have student loans, a little credit card debt and so on. We likely can never buy a house in Berkely and really are thinking hard if we can afford one kid. We rent our time just like anyone else and eventually our time will be worth less. But right now we are taxed heavily to be middle class. No, it's that 53k a year is near poverty but no one wants to tell America that the majority of its citizens are so badly compensated for their time. Median income =/= middle class

13of40 11y ago
I can't wrap my head around why you would stay there. If you moved to Seattle, for example, you'd maybe make $75K less, but you'd be able to buy a house, have a family, and pay off your debts, while probably doing the same work you're already doing.
turkishrevenge 11y ago
370k is pretty good change. What do you do?
- deleted 11y ago
  [deleted]
ac29 11y ago
You are literally the 1%, even in the Bay Area. Either you're lying, have way more debt than you are letting on, are planning on retiring after a few years of work, or have a fundamental disconnect from reality. You should be netting 200k or so a year, and even a fairly lavish lifestyle should let you save 100k a year, given that you have no kids and live in a place that should cost less than 10% of your net income. I've lived in the Bay Area for several decades, and I could buy a very nice house tomorrow if I made 370k this year, even starting from flat broke.
- tedmiston 11y ago
  It's confusing that he listed $370k as his salary (really, combined salary) followed by saying $120k of it is his partner's. I don't know the percentile, but $250k in SF is not even top 5% per an article someone else shared in comments. [0] 0: http://www.businessinsider.com/san-franciscos-top-5-of-earners-are-insanely-rich-2015-3 http://www.businessinsider.com/san-franciscos-top-5-of-earne...

13of40 11y ago

I can't wrap my head around why you would stay there. If you moved to Seattle, for example, you'd maybe make $75K less, but you'd be able to buy a house, have a family, and pay off your debts, while probably doing the same work you're already doing.

turkishrevenge 11y ago

370k is pretty good change. What do you do?

deleted 11y ago
[deleted]

ac29 11y ago

You are literally the 1%, even in the Bay Area. Either you're lying, have way more debt than you are letting on, are planning on retiring after a few years of work, or have a fundamental disconnect from reality. You should be netting 200k or so a year, and even a fairly lavish lifestyle should let you save 100k a year, given that you have no kids and live in a place that should cost less than 10% of your net income. I've lived in the Bay Area for several decades, and I could buy a very nice house tomorrow if I made 370k this year, even starting from flat broke.

tedmiston 11y ago
It's confusing that he listed $370k as his salary (really, combined salary) followed by saying $120k of it is his partner's. I don't know the percentile, but $250k in SF is not even top 5% per an article someone else shared in comments. [0] 0: http://www.businessinsider.com/san-franciscos-top-5-of-earners-are-insanely-rich-2015-3 http://www.businessinsider.com/san-franciscos-top-5-of-earne...