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The only homeowners in CA, OR, and WA are top executives at large corporations?
by ghiculescu 3y ago
The only homeowners in CA, OR, and WA are top executives at large corporations?
- Madmallard 3y agoI know probably a dozen devs that I regularly talk to from school and the only ones with their own homes have been seniors or higher positions for half a decade or longer.
- beoberha 3y agoI bought a million dollar home in Seattle after less than 5 years of employment out of college at a publicly traded non-FAANG company in the area. It’s doable, you just need to compromise on location or luxury
- Madmallard 3y agoDefinitely the exception to the rule
- zeroonetwothree 3y agoA million dollar home only requires around 200-250k of income which isn’t that much for these areas. And if your partner is employed as well it’s even easier. I even know people that make sub 100k in the Bay Area that bought their own homes after 10-15 years of saving.
- qwerpy 3y agoI've been in the Seattle area since graduating and hung out with people in both the tech industry and in aerospace (Boeing, etc.). Everyone who wanted a house had one within 5 years of starting work. They were smaller, older houses in trendy neighborhoods or nicer houses in further out suburbs, depending on the person's preferences. Seemed a reasonable result for young adults in their late 20s.