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re: San Francisco is officially the most expensive rental market in the country
Posted on 3/5/15 at 12:33 pm to JonaYolles
Posted on 3/5/15 at 12:33 pm to JonaYolles
quote:
They're not really saving any money,
A lot of them are. Who do you think are driving the prices of these homes up?
Many are/were making enough to save up $200k to $400k for a down payment. At least they get to keep it when they cash out (unless the bubble pops.)
Work your career in a high cost of living area then retire in a low cost of living area.
1
Posted on 3/5/15 at 12:39 pm to Asgard Device
quote:
A lot of them are. Who do you think are driving the prices of these homes up?
business owners - not their software devs. The devs are not really that ballin'
foreign business owners as well are paying cash for homes. This post was edited on 3/6/15 at 12:51 pm
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