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$330k gets you goody looks when considering a purchase of a home, or outright laughter. On the other hand your $330k home is not going to yield sufficient ROI t

by sidlls 8y ago

$330k gets you goody looks when considering a purchase of a home, or outright laughter. On the other hand your $330k home is not going to yield sufficient ROI to make up for the double (or more) savings and investment rate my salary affords me. I can save almost as as the $110k earner in the suburbs has as his disposable income, and I have access to a diversity of culture, well maintained parks, good (private) schools and such that the suburbanite can only dream of in most cases.

scarface74 8y ago
Again speaking hypothetically, using the numbers I posted earlier for what an average experienced developer can make in most metro areas - around $130K and if you’re married to a college educated spouse (statistically that would be true because of assortive mating) making an average salary of around $50K. You could easily save $70K a year. Do you think there are only parks, “diversity of culture”, and good schools on the west coast? If someone is living in a top rated school zone where the top 20% of earners live, do you really think that the school system wouldn’t be good?