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People don’t get to choose where the jobs are, especially in places like the Bay Area. There are no affordable suburbs here - you’d have to commute for over 1.5
by pixelatedindex 3y ago
People don’t get to choose where the jobs are, especially in places like the Bay Area. There are no affordable suburbs here - you’d have to commute for over 1.5h one way to find anything cheap. I don’t get to choose where my job is (post COVID it’s slightly different but companies are putting the RTO screws on) and if I want to get decent healthcare and raise a family there’s really no other choice.
If you bought a place in the 90s, you pretty much lucked into your house tripling in value. They don’t acknowledge that they pretty much stumbled into wealth, it’s not like you bought the property by seeing the future. They say “build somewhere else” but where do you build? People will keep coming, jobs aren’t going anywhere, there’s no good mass transit and I can’t choose when I was born. So what am I supposed to do?
And finally, housing shouldn’t be your ticket to wealth - it’s a place to live and raise a family. The asset value going up is the cherry on top, but shouldn’t be the focus.