3 ms·
1. Bay Area is ex$$pensive. 2. 8 kids. Eight. 3. Taxes - his take home salary was probably not 975,000 or even 475,000. 4. Living within means and saving wel
by Kluny 13y ago
1. Bay Area is ex$$pensive.
2. 8 kids. Eight.
3. Taxes - his take home salary was probably not 975,000 or even 475,000.
4. Living within means and saving well meant something different back then. Even if he had the foresight to realize the bubble would burst, which most educated people did, no one realized how bad it would get.
- daemin 13y agoHe lived in Los Angeles, not the San Francisco "bay area". Unless I am mistaken and there's a "bay area" in Los Angeles.
- Kluny 13y agoFair point. Is Los Angeles cheap? I know it's cheaper than SF, but is it considered cheap in general? I don't think it is, but I'm not sure.
- gammarator 13y agoLos Angeles is a big place, but I don't think San Marino was ever cheap: "In 2010, Forbes Magazine ranked the city as the 63rd most expensive area to live in the United States, with the median list price of a single family home at US$1,987,500."
- eatmorekale 13y agoHe lived in San Marino which seems at least as expensive as the bay area. http://www.zillow.com/san-marino-ca/ http://www.zillow.com/san-marino-ca/