6 ms·
Surely that number is not right - probably lacking two digits?
by norswap 6y ago
Surely that number is not right - probably lacking two digits?
- dfinninger 6y agoYou can get out of Austin pretty quick. 30 mins in some directions can get you out of the metro area. Also, 5k sqft is 1/10 of an acre. That said, I don’t know anything about land prices in Texas right now.
- tmh88j 6y ago>You can get out of Austin pretty quick. 30 mins in some directions can get you out of the metro area. Also, 5k sqft is 1/10 of an acre. During the normal busy hours in which people commute, no way. I can only hope all the construction going on along 183 will speed things up on the East side. The 290/71 junction is another nightmare during rush hour.
- RhysU 6y ago30 minutes won't take you from the river to North Loop. And even Redbud is slow in the opposite direction.
- mrits 6y agoI always hear bay area friends tell me how it's not that bad there if you have room mates. Mean while the engineers here in their 30s are collecting income from their 3rd rental property already.
- opportune 6y agoI know lots of people under 30 in the Bay Area who could have much more than 3 rental properties if they wanted to. Especially outside of the bay area. It's just that living with roommates is pretty frugal, and before the pandemic, it was a good way to save an extra $10k a year living in a more central location. Every single person I know who is a bay area SWE makes enough to afford renting a 1bed apartment in a good area, they just don't think it's worth it. Yes if your main goal in life is to live in a large house on a large lot in a nice area without spending much, you will not find it there, but your characterization makes it seem like bay area engineers are poor which is... not true
- nogabebop23 6y ago>> makes enough to afford renting a 1bed apartment in a good area In most cities in the US this is not the definition of wealthy or even well off. living with roommates to save 10K a year does sound like one step above poverty.
- mypalmike 6y agoWhen I lived in the bay area, lots of my friends lived in shared accommodation because they actually liked living with other people. Saving money was a side effect. They usually bought a place when they got married or not long after. That's not poverty.
- anonyxyz 6y agoThis is common when you're a kid out of college, but a few years go by and living with other people sucks.
- opportune 6y agoMaybe I am just a frugal person, but to me, if you told me I could get a post-tax extra 10k a year switching from a 1bed apartment to a roommate situation I would always take it as long as I could find reasonable people to live with. I was pretty far from poverty when I made that decision in the SF bay area. And again, I just said they could afford a 1bed apartment, not that this was the max they could afford. You're not being charitable with interpreting my reply.
- mbesto 6y agoLive in Austin. Yes that's BS, unless you're talking about a 5.5k sf lot out carved out of a rural farmland (which are plentiful right outside of Austin).
- mrits 6y agoOdd thing to argue about that is easily provable with a Zillow search. Plenty of half acre lots that sold int he last year for ~$5K east of downtown but certainly before farm country. And capital metro goes past it all the way to the toll road.
- mbesto 6y agoMontopolis and McKinney are basically right before farm country (I ride my bike there all of the time). Where on earth are you seeing 5k sf lots being sold for $2k?!?!
- elevenoh 6y agoOr that figure is the monthly mortgage payment heh
- ip26 6y agoNo... In most parts of the country, a tenth of an acre of dirt past the edge of town does not run $200k.