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Re: 1100 sqft hardly being big for two people - I was raised in a flat exactly half that size. I was fine (had my own room - being an only child rocked). In my
by lgieron 10y ago
Re: 1100 sqft hardly being big for two people - I was raised in a flat exactly half that size. I was fine (had my own room - being an only child rocked). In my country (Poland) 1100 sqft is considered a large flat for a family with 2+ kids.
In more general terms, if space is priced at insane levels, it might be smart to rethink how much you actually need to be happy (or even why stay in SF - I don't understand why people do that).
- eldavido 10y agoAgain, I guess just a matter of perspective. My parents house was 2200 sqft (2 siblings and 2 parents) and the Zestimate on it is like 140K. Believe me, not a day goes by where I don't think about moving. But right now, as long as you can save a bit and don't mind living in a slightly crappy apartment, you'll do just fine here. Just take all the money you would've dumped into home equity and buy stocks, real estate, invest in companies, whatever, and you'll have plenty of money. The current environment feels very unstable though. Something has to give. Either house appreciation has to slow, or wage growth has to accelerate, or a lot more new supply has to be built. I don't think your average Google/facebook employee knows or cares much about these trends but the startups do, and they're the canaries in the coal mine. If entrepreneurs stop coming to SF, and anecdotally I think it's getting less and less attractive with the rise of angel.co and other distributed funding platforms, this place is really gonna have a huge, long-term problem because big companies don't just spring into existence, they grow up from small companies that start locally.