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American here, in silicon valley. I'm actually a bay area native, and the only reason I'm able to stay close to my parents is that I make a "tech salary". I bou
by parker_mountain 4y ago
American here, in silicon valley. I'm actually a bay area native, and the only reason I'm able to stay close to my parents is that I make a "tech salary". I bought a moderately sized condo, and it was a huge stretch at the time when I bought it - now that I've advanced my career, it's not such a huge load.
But, the fact that, at $110k a year, a two bedroom (yet small) place was a huge stress. And that was not even in not one of top 3 most expensive cities in the bay area, which should say something.
I'm extremely grateful that I can live close to my parents, and will be able to help take care of them as they age.
Something is broken when it's a financial pressure for someone in the top 10% of income to live within an hour drive of where they want to be. And, that's kind of a luxury, tbh. I have extreme sympathy for the working class. There's something fundamentally broken with our housing policy.
- nlitened 4y ago> Something is broken when it's a financial pressure for someone in the top 10% of income to live within an hour drive of where they want to be That’s a place where probably billion other people would love to be.
- parker_mountain 4y agoSure, but there's so much open, empty, and underutilized space. With some more aggressive building and well implemented transit policy, we could really fit a lot more people into the area without creating a decrease in quality of life. Not even like a huge amount of people, like 10% more.