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Maybe the people with the high incomes live in areas where the cost of having children is higher? You often hear about people making 200k at Google on here shar
by willcipriano 5y ago
Maybe the people with the high incomes live in areas where the cost of having children is higher? You often hear about people making 200k at Google on here sharing a two bedroom apartment with a roommate. Personally lack of a additional bedroom in my home prevents me from having another child, and home prices prevent me from moving.
- telotortium 5y agoNobody at Google making $200k has to share a two-bedroom apartment, even in the Bay Area. I was easily able to afford a $2000/month 1-bedroom in Mountain View in 2014 on a salary around $110k, and the same apartment today has only increased in price by 30%, whereas starting salaries have increased much more. Is it more economical to share a 2-bedroom apartment when you're starting out? Of course, and many new grads share apartments both for money and, just as importantly, social benefits in a place where you might not know anyone else.