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San Francisco

antirez.com

1–10 of 267 posts

Re: San Francisco

#3
Is it a common experience that, as a single person in SF, you'd make $100K and end the year without any money saved? I'm not asking with any judgment or critique implied. I'm genuinely curious if that's normal in SF.

Re: San Francisco

#4
Very happy he enjoyed the city! Next time he's in town, I'll be sure I'm following his twitter to remain informed. I'd love to buy him a drink.

While there is a lot of crappiness in the city, it really is a melting pot (not as much as 10-20 years ago of course) of motivated, friendly people.

Re: San Francisco

#5
> The coffee is very different than the Italian one

I've heard this many times :)

His point about SF lacking children is very very accurate. SF basically forces people with families out because its so expensive and the school situation is bad (your kids don't get to go to the neighborhood school). One of these days SF will wise up and at least fix the school problem, but until then the peninsula will get families and SF will get DINKs.

Re: San Francisco

#6

Is it a common experience that, as a single person in SF, you'd make $100K and end the year without any money saved? I'm not asking with any judgment or critique implied. I'm genuinely curious if that's normal in SF.

You can certainly save money if you make that much living in sf. Your take home would be about 65k. A very nice apartment shared with one roommate should not cost more than 2k a month, leaving you with 40k for food, entertainment, and travel. If you can't save some of this that is a comment on your priorities, not the fundamental difficulty of living in sf.

Re: San Francisco

#7

Is it a common experience that, as a single person in SF, you'd make $100K and end the year without any money saved? I'm not asking with any judgment or critique implied. I'm genuinely curious if that's normal in SF.

Yes. Taxes are pretty high, so making $100k w/ benefits, you take home roughly $63k/yr. Then factor in rent and utilities: 1br ($2500+/mo), 2br w/ roomie ($1800+/mo), 3br w/roomies ($1500/mo). So let's assume 2br. You walk away with around $40k/yr. Then take out transport, cell phone, random monthly bills like student loans, etc and you're down to $28k disposable. Take out food and random living expenses and you don't have much left.

Re: San Francisco

#8

Is it a common experience that, as a single person in SF, you'd make $100K and end the year without any money saved? I'm not asking with any judgment or critique implied. I'm genuinely curious if that's normal in SF.

Yes, I've heard this from just about everyone. If you're making $50k in this city, you're basically working poor. With the average 2 bedroom condo renting for $2500+ and houses renting for more, you're dropping a ton of your income just on a place to live. Its not uncommon to see a single bedroom renting for $1600+ in the city.

Re: San Francisco

#9
I was reading up on Catania (the city from which he hails) and it looks like a beautiful place - very different from SF, but still having a large number of tech companies.

Re: San Francisco

#10
post #8

Is it a common experience that, as a single person in SF, you'd make $100K and end the year without any money saved? I'm not asking with any judgment or critique implied. I'm genuinely curious if that's normal in SF.

Yes, I've heard this from just about everyone. If you're making $50k in this city, you're basically working poor. With the average 2 bedroom condo renting for $2500+ and houses renting for more, you're dropping a ton of your income just on a place to live. Its not uncommon to see a single bedroom renting for $1600+ in the city.

Avg 1br prices are up to over $2500 now. Granted depending on area and quality, you can get down to $1600, but a majority are mid to high $2ks.
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