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> As the table below shows, in San Francisco you’ll need to work 20.6 years at the local average wage of $1,478 per week in order to save enough for a 20 percen
by usaar333 14y ago
> As the table below shows, in San Francisco you’ll need to work 20.6 years at the local average wage of $1,478 per week in order to save enough for a 20 percent down payment on a typical 2,000 square-foot home.
Well, it's a good thing that most homes are much smaller than 2,000 sq feet in SF. It's also a good thing that if you are buying a house you probably have a 2nd income.
Those two factors alone should reduce time to save to 7 years or less.