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We live and work in Cambridge, and live close enough to work that walking and cycling are our normal commutes, so our commute costs effectively nothing. I could
by Finnucane 8y ago
We live and work in Cambridge, and live close enough to work that walking and cycling are our normal commutes, so our commute costs effectively nothing. I could get a subsidized T pass through work, but I don't need it. When we were looking for a house, we could have gotten something bigger further out, for less money even, but then everything else would cost more and take longer. We'd have to drive more. Hell, taxes would be higher. Our city tax bill is a lot less than most of the people we know in nearby towns pay.
- Noos 8y agoFrom zillow, the median home price there is 900k. The median rent is 3,000 a month. It is literally unaffordable to most people to do what you do; the yearly amount you pay in rent alone is the yearly salary of many other people. You'd need to make a wage of $24 an hour just to pay that rent. If you looked at the median wage in the USA, its 56k, and this rent would end up being 64% of that income. What you do is a luxury of the rich. Most people simply can't afford the luxury of carlessness in an urban center.
- Finnucane 8y agoGosh, I was unaware of what it cost to live here, or what the flood of tech/biotech money has done to the neighborhood. We got lucky and were in a position to buy during the crash. We couldn't afford it now.