3 ms·
> Could someone making $140k/yr ever expect to be a homeowner in SF/SV You could buy in Vallejo and commute over 1.5 hours to the city every day. Within most "
by mcntsh 9y ago
> Could someone making $140k/yr ever expect to be a homeowner in SF/SV
You could buy in Vallejo and commute over 1.5 hours to the city every day. Within most "desirable" cities in the Bay Area, houses will be out of your reach.
- subroutine 9y agoMy god, 1.5 hours :( My current commute to work, from utc to la jolla, is 4 minutes.
- deleted 9y ago[deleted]
- rsync 9y ago"You could buy in Vallejo and commute over 1.5 hours to the city every day. Within most "desirable" cities in the Bay Area, houses will be out of your reach." I assume you mean 1.5 hours, round trip - either on the vallejo ferry (right to the core of SF) or timing your commute by car to miss rush hour. That fits my own experience well. And if so, I don't know why that's so terrible. My generation (generation X) was raised by parents who routinely and happily made similar sacrifices - either longer commutes or a second, part time job as a UPS driver or an extra shift at the nursing job, etc. to make our lives work. I don't understand how these minor sacrifices, which were nearly universal in the suburban middle class we were raised in, are now "unthinkable" and clear evidence of "social pathology".
- dagw 9y agoI don't understand how these minor sacrifices, which were nearly universal in the suburban middle class we were raised in, are now "unthinkable" Maybe because we saw and experienced that life and realized that we didn't want that for ourselves and our kids.
- rsync 9y agoTANSTAAFL.
- conanbatt 9y agoIf middle class has to have the same effort the previous generation did for the same results, where is the GDP per capita growing for? Doing the same as the previous generation and getting the same means a diminishing rate of income. I agree that our generation consumes a lot more, travels more, goes out to eat more, drinks more, etc. But maybe that is the consequence of not having a home and having high rents, not the other way around. For the past 20 years the RE market has been very unstable for our generation.