In Bay Area, six-figure salaries are “low income”

Post by douche » Tue, Apr 25, 2017, 4:56 PM UTC

throwa38282 wrote: post #65

lisper wrote: post #34

Earlier quoted context omitted.

Once upon a time a family of four would live in a 1200 square foot house and own one car and one television, would rarely travel, rarely go out to eat. That kind of life style can still be sustained even in the Bay area on $100k/yr.

Once upon a time, the woman stayed at home and didn't need a second car. Televisions were prohibitively priced as to make one even a stretch. And, travel was prohibitively priced so that only the ultra-rich could afford planes. When cars hit the scene en masse, it brought rise to car trips. So, I guess you're saying people aren't living within their means? But they weren't necessarily then either... And boy, I sure m…

Post by nommm-nommm » Tue, Apr 25, 2017, 4:56 PM UTC

ShakataGaNai wrote: post #2

For a family of 4. That's the critical bit left out of the article title. 104k is low income for a family of 4, in some areas. Which makes sense when it's hard to find somewhere to live alone, in SF, even at 100k. Finding a place big enough for a family of 4 plus all the costs related to 4 humans? Not surprising in the least.

Post by [deleted] » Tue, Apr 25, 2017, 4:56 PM UTC

dmode wrote: post #73

Six figures is a bit misleading. I make close to 300k, which is also six figures and have a family. Don't really feel poor. I have a 4000 sqft home and take plenty of vacations

Post by kevinburke » Tue, Apr 25, 2017, 4:56 PM UTC

1024core wrote: post #135

kevinburke wrote: post #87

A lot of the unaffordability is due to the high price of housing in the area. Here are some concrete steps you can take to help lower the price of housing: - The Brisbane City Council is deciding whether to build 4400 units of housing on 600 acres south of San Francisco, about the same number of units SF built in total last year. The Brisbane Planning Commission recommended building an office park instead. Contact th…

If I had the money, I'd just put a ballot measure on the ballot to raise the height ceiling for new buildings built within 2 blocks of a MUNI line to 100ft, no approval required. Also: legalize the unpermitted "in law" units.

Post by sedky » Tue, Apr 25, 2017, 4:57 PM UTC

ransom1538 wrote: post #46

archeantus wrote: post #6

Wow, this resonates with me. In 2013 my wife and I were living in the Bay Area and had just welcomed our third child into the family. I was making 105k/yr at Apple (which seemed like a ton at the time!) but I felt like I was saving very little of that. I was approached on LinkedIn to take a job with matching pay but that was fully remote. I could live anywhere I wanted in the entire country. I jumped at the chance an…

Did the exact same thing this year. Moved to Oviedo, FL from SF: 1) no state income tax, 2) public schools in my neighborhood are equivalent to a private school in sf [i] 4) weather is great 8 months out of year, 5) beaches you can swim in, 6) rent is ~1/4 of what it was in SF, 7) cuban food, 8) as a resident, kids have year round disney passes [i] http://school-ratings.com/Florida/schools/Carillon_Elementar... WARNI…