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This is a highly absurd comment. No one I know is paying anything more than $3000/month and they all make well over $100k as software developers. I love how wh
by sushid 11y ago
This is a highly absurd comment. No one I know is paying anything more than $3000/month and they all make well over $100k as software developers.
I love how when people come up with these numbers they cite salary-only/pre-negotiation/entry-level income and then they compare this to a small-family sized rent expense to justify your "typical" SV absurdity.
The fact is, many people make well over that with stock options, raises, etc. And even while making that money, lots of my friends in their mid-20s opt to live with multiple roommates and flex their living rooms to reduce their rent cost further.
- duaneb 11y ago3000/month is still absurd. I think 2000 is about the most you can justify on a 100k salary without having risking emergencies bankrupting you.
- dmoy 11y agoThe relevant point there may be the "well over 100k" part. It would not be surprising to me if we're talking 200k total liquid comp.
- xyzzy4 11y agoIt depends also if the money is going towards rent or a mortgage. If it's the latter you can always sell your house to get more cash.
- dragonwriter 11y ago> It depends also if the money is going towards rent or a mortgage. If it's the latter you can always sell your house to get more cash. Not always, only if you have positive equity. Its quite possible to have a mortgage without that.
- xyzzy4 11y agoWell it's probably foolish to go even more into debt with a mortgage if you are at risk of having a negative net worth.
- dragonwriter 11y ago> Well it's pretty foolish to go even more into debt with a mortgage if you are at risk of having a negative net worth. Negative equity is usually something that happens after you take a mortgage. And whenever you take a mortgage, there is a risk of getting into a negative equity situation (though the degree of risk varies.)