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I live in a "large city" (suburbs in a top 10 metro in the US) and $800k gets you a mansion here still. My 3400 sq ft house is worth ~$350k for a "almost new bu
by jhaygood86 5y ago
I live in a "large city" (suburbs in a top 10 metro in the US) and $800k gets you a mansion here still. My 3400 sq ft house is worth ~$350k for a "almost new build" (I had it built in 2015) 6 bed / 4 bath, gigabit fiber, swimming pool / soccer field in the community, great schools, shopping, etc..
I'm also a Principal SWE and my salary is well below $200k, though there are years with bonuses, etc.. that I reach $200k
- apercu 5y agoSo you live in in an area that have massive urban sprawl and no bounding area driving up the costs (like say San Francisco or Toronto or London). Good for you and your urban sprawl McMansion existence (nothing wrong with it). But just because you can buy a mansion where you live for 800k doesn't mean that for millions of us 1 million dollars will get us a shitty house in a shitty area.