4 ms·

>If you're pulling six figures in the bay area you could easily be spending 50% of your take home on rent. You also put up with a longer commute, less house, o

by Veelox 9y ago

>If you're pulling six figures in the bay area you could easily be spending 50% of your take home on rent. You also put up with a longer commute, less house, or a less nice neighborhood and keep your rent under 30% of take home pay. Edit: Per [0] if you make $100k you end up with $5752 a month in take home pay. At 30% that would give us $1725.60 a month for rent. Checking craigslist [1] there are 55 places available for less than that if you are willing to rent just a room. [0] https://smartasset.com/taxes/california-paycheck-calculator#BbzEXowAAD https://smartasset.com/taxes/california-paycheck-calculator#... [1] https://sfbay.craigslist.org/search/pen/roo?nh=81&max_price=1725&availabilityMode=0 https://sfbay.craigslist.org/search/pen/roo?nh=81&max_price=...

tomkarlo 9y ago
That's easy, if you're single. But "renting just a room" isn't really an option for couples, or families. That said, if you're moving to the Bay Area for a job, you need to take into account that six figures here is not the same as six figures anywhere else.
- Veelox 9y ago
  When my wife and I first moved out here, we rented a master bath/master bed starting in January, we hard our son in July, and moved out in January. So it is an option, just not one a lot of people want to take. Then again, my wife and I want to be retired in <15 years so we are making decisions others would not.
  - tomkarlo 9y ago
    It's one thing to do it for 6 months with a newborn that can't leave their crib (although even that's challenging). It's another to do it with one or two kids that have learned to walk.
    - ben_jones 9y ago
      How did the roomates handle the newborn? Or was the noise dampened/not an issue?
      - Veelox 9y ago
        They were okay with it. One was a heavy sleeper the others were far enough away that it was dampened.
    - Veelox 9y ago
      Agreed. But there also a bit of personal responsibility if you have two kids and cannot afford to house them.

by Veelox 9y ago

tomkarlo 9y ago

That's easy, if you're single. But "renting just a room" isn't really an option for couples, or families. That said, if you're moving to the Bay Area for a job, you need to take into account that six figures here is not the same as six figures anywhere else.

Veelox 9y ago
When my wife and I first moved out here, we rented a master bath/master bed starting in January, we hard our son in July, and moved out in January. So it is an option, just not one a lot of people want to take. Then again, my wife and I want to be retired in <15 years so we are making decisions others would not.
- tomkarlo 9y ago
  It's one thing to do it for 6 months with a newborn that can't leave their crib (although even that's challenging). It's another to do it with one or two kids that have learned to walk.
  - ben_jones 9y ago
    How did the roomates handle the newborn? Or was the noise dampened/not an issue?
    - Veelox 9y ago
      They were okay with it. One was a heavy sleeper the others were far enough away that it was dampened.
  - Veelox 9y ago
    Agreed. But there also a bit of personal responsibility if you have two kids and cannot afford to house them.