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just an endless pursuit of materialism. you want something so you gravitate towards it. hence a lot of regular people are destroying their financial futures by
by readhn 8y ago
just an endless pursuit of materialism. you want something so you gravitate towards it. hence a lot of regular people are destroying their financial futures by staying in these super expensive areas.
- askafriend 8y agoDestroying their financial future? None of my friends living in SF or NYC make less than $160k a year working as engineers. In fact, they make that nearly right out of college. The more senior engineers (5+ yrs exp) bring in $300k-500k a year. They save a significant amount of it, more than they would have saved in any other place. And they can leave at anytime to a low-COL place and buy a house in cash.
- readhn 8y agopeople earning 300-500K are very wealthy by any standard. these are not regular people im talking about. 160K salary in SF is probably equivalent to 75K in the middle of America? (considering food, rent/car/health expenses)