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This is only true because you've defined homeownership in your current job market as a necessity. If you either forgo it, or choose to save for a mortgage in an
by librish 8y ago
This is only true because you've defined homeownership in your current job market as a necessity. If you either forgo it, or choose to save for a mortgage in another area suddenly SF comes out way on top.
- closeparen 8y agoYou could have even more to spend by foregoing retirement savings, but would you? If you did, how would it feel? Living large on an irresponsible budget is not the same as living well. Or are you saying renting as a long-term plan actually is healthy/responsible? Maybe I have just internalized too much American Dream propaganda. But with SF's rate of rent and price growth, the calculators say "buy even if renting is free."