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Ah yes, the worlds best and brightest, in the worlds technology hot bed, blamed for gentrification, told we are over paid, told our skills are in such demand th
by ones_and_zeros 11y ago
Ah yes, the worlds best and brightest, in the worlds technology hot bed, blamed for gentrification, told we are over paid, told our skills are in such demand that special worker visa systems are in place to supplement the supply but not only can they not afford a home, they can't afford rent by themselves.
Someone is making money in SV to live alone and buy homes but it isn't the engineers.
- ZanyProgrammer 11y agosome engineers most certainly do. I'd say anyone who makes over 200K can afford to live here. Can a single person making 150K a year afford to live in Santa Clara County? I'd say for sure.
- Retric 11y agoYour vastly overstating things. 2,700 per month was doable @85k. @150K you could afford 6K per month.
- ZanyProgrammer 11y agoI'm just responding to the sentiment that even engineers have to resort to renting rooms from people. Depending on living expenses and the ability to save, lots of engineers can afford to live decently in SV. 90k isn't going to buy you a house in Palo Alto, but you can afford to live in SJ/SV/SC/etc with that.
- Redoubts 11y ago> @150K you could afford 6K per month. But why would I do that to myself?
- ryandrake 11y agoSo basically only a very small outlier population (those who make over $200K) can actually afford to live in the area.
- ZanyProgrammer 11y agoI'd say (depending on an individual's exact circumstances) a high 5/low 6 figure salary is the minimum salary for a single person to be able to rent a halfway decent apartment someplace in the Bay.