3 ms·

well, I would say most people would consider weather in SV better than in Ohio. Of course, I agree, preferences differ

VLM 11y ago
You can live a life of wealth and luxury, or you can enjoy the weather. Note that given the cost difference between living in SV vs Ohio (although I don't live in Ohio) I could spend 12.8 years with my wife at an all inclusive tropical resort. We'd probably get a discount if we lived there full time, so maybe 15-20 years. Not exactly your average retirement home. Or cash on the barrel no discounts or financial aid at all I could pay list price to send SEVEN kids thru Harvard for four years with a reasonable allowance for expenses and still have money left over. I don't have seven kids, but I guess I could pay cash on the barrel to send a couple thru med school or law school instead, maybe finance a startup or small business for one of them. Or I could cash buy six rental properties vaguely similar to the house I live in, and retire as a landlord (although from watching my great uncle do this, being a landlord is no retirement!). The rent off six houses, minus realistic expenses, would be a little less than I get paid now, but its interesting to think about.
- Johnny555 11y ago
  The cost of room and board at Harvard is $60K/year, so sending 7 kids through Harvard for 4 years is $1.7M. While you can spend that much for a home in SV, you certainly don't have to.
  - eric_h 11y ago
    A house that can support a family of 9?
    - Johnny555 11y ago
      A house that can support a family of 9 is not cheap even in Ohio if you want to "life of wealth and luxury". You'll be paying over $1M for a 5 or 6 bedroom house in a "nice" part of Columbus (i.e. German Village), and you'll be paying around $1.2M for such a house in a decent (though not upper class) neighborhood in Silicon Valley.
      - freyr 11y ago
        A 6 bedroom house for $1.2 in SV? Good luck. It would be in disrepair or in a bad neighborhood at that price.

VLM 11y ago

You can live a life of wealth and luxury, or you can enjoy the weather. Note that given the cost difference between living in SV vs Ohio (although I don't live in Ohio) I could spend 12.8 years with my wife at an all inclusive tropical resort. We'd probably get a discount if we lived there full time, so maybe 15-20 years. Not exactly your average retirement home. Or cash on the barrel no discounts or financial aid at all I could pay list price to send SEVEN kids thru Harvard for four years with a reasonable allowance for expenses and still have money left over. I don't have seven kids, but I guess I could pay cash on the barrel to send a couple thru med school or law school instead, maybe finance a startup or small business for one of them. Or I could cash buy six rental properties vaguely similar to the house I live in, and retire as a landlord (although from watching my great uncle do this, being a landlord is no retirement!). The rent off six houses, minus realistic expenses, would be a little less than I get paid now, but its interesting to think about.

Johnny555 11y ago
The cost of room and board at Harvard is $60K/year, so sending 7 kids through Harvard for 4 years is $1.7M. While you can spend that much for a home in SV, you certainly don't have to.
- eric_h 11y ago
  A house that can support a family of 9?
  - Johnny555 11y ago
    A house that can support a family of 9 is not cheap even in Ohio if you want to "life of wealth and luxury". You'll be paying over $1M for a 5 or 6 bedroom house in a "nice" part of Columbus (i.e. German Village), and you'll be paying around $1.2M for such a house in a decent (though not upper class) neighborhood in Silicon Valley.
    - freyr 11y ago
      A 6 bedroom house for $1.2 in SV? Good luck. It would be in disrepair or in a bad neighborhood at that price.