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Message

re: 6-figure salaries considered low income in some Bay Area counties

Posted on 4/26/17 at 1:59 am to
Posted by Cali-to-Death Valley
SF Bay Area
Member since Dec 2004
746 posts
Posted on 4/26/17 at 1:59 am to
Was assigned to the City of East Palo Alto in San Mateo County from the 80's through 1999 when it was known as the Killing Fields of the USA. Highest per-capita homicide and violent crime rate in the country. My team and I used to joke that we should have pooled our money and bought some of those $20-30K shooting galleries. Should have done it. Just went on Zillow and crapped myself. Those same places are going for $850K-1.4 million.
Posted by Vastmind
B Ara
Member since Sep 2013
4992 posts
Posted on 4/26/17 at 5:37 am to
I saw where people actually pay rent to pitch a tent in a back yard for 1000 per month in SF.
Posted by cjared036
Houston, tx
Member since Dec 2009
9569 posts
Posted on 4/26/17 at 5:47 am to
I have a friend who got a job offer to go out there. He was hesitant but his wife was all about it. She wanted the Sf lifestyle. (Selfish)

He had a good job and house in Houston. Saving money.

Traded that to rent in SF. Income is the same as in Houston.

He said at first he enjoyed the change and scenery. But has become more stressed due to cost of living and saving for the next stage in life. Kids etc.

Let me visit SF. Nothing more. I will happily take my $200k+ income in houston. Have my own house with a ton of space. Ability to travel. But also confidently go into the next stages in life.

Baby boomers are spoiled, but a lot of them focused more on more work to get what they want. Millennials think they are entitled to a lifestyle.
Posted by Brazos
Member since Oct 2013
20360 posts
Posted on 4/26/17 at 6:39 am to
The bubble will pop over there , it's just a matter of time.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 4/26/17 at 6:46 am to
quote:

So that is what, 9 thousand a month. Say 7k after taxes and such. Any place big enough for a family of 4 in SF proper is going to be 4K a month. So you only have 3k in disposable income to support a spouse, yourself, and 2 kids

SO MOVE.
Its a difficult concept to grasp, I know but go find a less trendy and less expensive place to live. Don't make your kids go without just so you can live in the cool area.
fricking Cali twats. :smh:
Posted by goldennugget
Hating Masks
Member since Jul 2013
24514 posts
Posted on 4/26/17 at 6:49 am to
Leaving Seattle was the best
Posted by NyCaLa
Baton Rouge
Member since Apr 2014
1015 posts
Posted on 4/26/17 at 7:47 am to
I grew up in San Mateo. The little Eichler cracker box that was our house can sell for anywhere between 500,000 and 1 million today. I think we paid somewhere between 10 and 15 thousand.
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40080 posts
Posted on 4/26/17 at 7:49 am to
These frickheads are driving up the prices of homes here in DFW and making the damn counties more blue.

fricking lose-lose situation going down here.
Posted by Gaston
Dirty Coast
Member since Aug 2008
38968 posts
Posted on 4/26/17 at 8:08 am to
No shite, welcome to 20 years ago.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
36609 posts
Posted on 4/26/17 at 8:08 am to
quote:

You simply don't have those problems in interior cities for the most part. Chicago can expand in almost any direction except northeast, and the Denvers and Houstons and Atlantas of the world can continue to expand in any direction. They also have much less restrictive zoning as an added bonus.



In Houston's case next to none.
Posted by melovecookie
BR
Member since Oct 2016
163 posts
Posted on 4/26/17 at 8:39 am to
You can't raise a middle class family on a total household income of 100,000..... anywhere.
Posted by Brageous
Member since Jul 2008
107724 posts
Posted on 4/26/17 at 8:42 am to
Six figures is below the poverty line in Hawaii.
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
14792 posts
Posted on 4/26/17 at 8:47 am to
quote:

Six figures is below the poverty line in Hawaii.


Yeah, but the commute to SF is a stretch.
Posted by NYNolaguy1
Member since May 2011
20886 posts
Posted on 4/26/17 at 8:54 am to
quote:

Say 7k after taxes


Yeah that's not right. Closer to 5 or 6 after taxes.
Posted by melovecookie
BR
Member since Oct 2016
163 posts
Posted on 4/26/17 at 8:56 am to
You can't raise a family of 4 in Livingston parish on 100k.
Posted by NYNolaguy1
Member since May 2011
20886 posts
Posted on 4/26/17 at 8:57 am to
I can think of lots of reasons why that might not be feasible. Job opportunity, family are two off the top of my head.

The view from the ivory towers of some in this thread must be great.
Posted by SlapahoeTribe
Tiger Nation
Member since Jul 2012
12094 posts
Posted on 4/26/17 at 9:00 am to
This thread reminds me of this little gem-

Posted by TennesseeFan25
Honolulu
Member since May 2016
8391 posts
Posted on 4/26/17 at 9:03 am to
She drives from an hour fifteen to 2 hours each way per day. She goes from here to Petaluma, so we stay on the outskirts of it all. She fads a nice bump in pay for being out there though
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 4/26/17 at 9:16 am to
quote:

$100K for a couple in parts of the bay area is struggling.


Struggling to keep up with the joneses. it's hard when your co workers are buying $10 million+ yachts and homes....
Posted by LSUSPARKY621
Dream of Californication
Member since Mar 2007
1331 posts
Posted on 4/26/17 at 9:31 am to
quote:

She drives from an hour fifteen to 2 hours each way per day. She goes from here to Petaluma


shite so why not just go nest up near the vineyards? I can think of worst places to live
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