That's what I was thinking too. If your mortgage on your 3br in Oakland is $1MM, your payment is $4,728/mo (interest portion is tax deductible but let's ignore

That's what I was thinking too. If your mortgage on your 3br in Oakland is $1MM, your payment is $4,728/mo (interest portion is tax deductible but let's ignore that). Let's say your place is $1.5MM, that's another $1500 in property tax (also tax deductible but again, let's ignore). If you're bringing home $15K/mo, then you're still left with ~9K per month. That's a lot of rice and beans.