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What the article is saying is, If you are young and have no family, you can rent a room really cheaply say 1400$ for a 1 bedroom, or bunk up with a mate for 700
by megaman8 8y ago
What the article is saying is, If you are young and have no family, you can rent a room really cheaply say 1400$ for a 1 bedroom, or bunk up with a mate for 700$ (2 people renting 1 room), and save most of your income for about 10 years - durring that time you can save about 500K. Then after that, get out and go anywhere but CA. In the rest of the US, you can buy a house for 300K and have a nice life.
The trick is, to not settle down. Don't get a wife or girlfriend or friends. If you that, you'll be able to walk away from it all very easily.
- pm90 8y ago> The trick is, to not settle down. Don't get a wife or girlfriend or friends. If you that, you'll be able to walk away from it all very easily. 10 years without friends and partners (to use a gender neutral term) would literally be hell. Its not that hard to find a healthy mix and not bust your bank in the process.
- rfdave 8y agoI'm an experienced HW guy pondering this, My wife and I have kids out of college, so I'd be coming at this from the other end of the family pipeline.