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"If you're making enough to pay for a $5000/month apartment, you're renting by choice" I don't think that's right. E.g., SF house and rent prices, assuming no
by hcknwscommenter 6y ago
"If you're making enough to pay for a $5000/month apartment, you're renting by choice"
I don't think that's right. E.g., SF house and rent prices, assuming non-WFH policies require paying 5000/mo if your household is larger than 2 people. It's not a choice unless you happen to be blessed by rent control or rich enough to afford the 400K in cash for the down payment.
- kerkeslager 6y agoPeople who have enough money to pay $5000/mo in rent have options for other places to live. I have significantly less income, and I have options of places to live.
- hcknwscommenter 6y agoyes, but those options almost invariably result in having a significantly less income. Believe me, I am working hard to make the location/salary arbitrage work, but employers are not stupid. The only way to "guarantee" it is to work for yourself, but if you leave the high-cost-of-living area, your network gets drastically smaller and you risk losing work.