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"But you still can't buy a house in San Francisco." Are you in a dual income family, and have you considered buying areas like the Excelsior, Ingleside heights
by geebee 8y ago
"But you still can't buy a house in San Francisco."
Are you in a dual income family, and have you considered buying areas like the Excelsior, Ingleside heights (excluding Ingleside terrace), Oceanview/Merced Heights, Outer Mission, Portola, Silver Terrace, or other such neighborhoods?
I don't mean to dismiss your question, these are still expensive neighborhoods, probably between 800k-1.2mil for something decent. This is tough for two incomes, as the dual income thing means you're also stuck with high childcare costs, which will probably be ~25k per kid in San Francisco (I'm talking about the kind that allows you to go to work from 8am-6pm - and even then you will have to recuse yourself from meetings to be at daycare by 6pm, officially surrendering your membership in the young people are just smarter and can focus on what's important club in Silicon Valley companies[1).
I do think this is in reach of the group you just described, though. 250k+ family income isn't unusual for two tech workers or other professionals in SF (a programmer and dental hygienist pair, for example, should exceed this).
[1] https://venturebeat.com/2007/03/26/start-up-advice-for-entrepreneurs-from-y-combinator-startup-school/ https://venturebeat.com/2007/03/26/start-up-advice-for-entre...
- seem_2211 8y agoI agree 100%. I meant to sum up the prevailing attitude on housing out here.