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SFBA is great for (at least) the following types of people: 1. Those who are completely happy with small apartments or long commutes. Typically coming from pop
by RestlessMind 10y ago
SFBA is great for (at least) the following types of people:
1. Those who are completely happy with small apartments or long commutes. Typically coming from populous city in a developing country, SFBA traffic was an improvement (if not for duration, then at least for discipline and stress levels). Also, apartments are decent sized compared to what one is used to back home. Cheap cars are still good enough compared to what you had back home. And savings are HUGE, especially if you carry on the frugal lifestyle.
2. Those who are frugal. Because if you can save a higher percentage of your salary, then SFBA savings would outpace salaries in (most) other regions even accounting for high COL
3. Those who seek tech opportunities to make big money - eg. getting within top 10-15% engineers in GooSoftFaceFlix, who can easily earn >400K per year including Salary, Bonus and RSUs. If you are decently smart (no need of Turing Award smarts), work hard and position yourself right for growth, its not rocket science to get promoted into top 10-15% ranks within 6-8 years. Such opportunities in tech are relatively fewer in (most) other places.
Source: been in all 3 buckets at various points in my life; observed tons of my friends who were in similar boats.
Edit: clarified wording