Where I live in Atlantic Canada you can rent the same for $550 USD, or just buy a brand new modern home for $180k USD. People here work remotely for companies like Google. The government will also help fund your startup’s product development through various programs (hundreds of thousands of dollars). Always wanted to move to San Fran but starting to feel pretty grateful about being here.
San Francisco median one bedroom apartment rent hits a new peak of $3,690
191–195 of 195 posts
Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690
#192When headhunters contact me about SF (or even Bay Area) jobs, I just scoff and shut them down. If you're fresh out of school, no family, and willing to live in a hovel for some interesting life experience, sure. But if you're an adult, it's no way to live. And putting kids through it is frankly unethical.
Why "just scoff"? There's a salary that would allow you to live comfortably and get more net income in the Bay Area - you'd want to see if the jobs can pay that salary
Not surprisingly, this makes recruiter jaws drop. We're not even on the same page.
In most parts of the country, though, those requirements work just fine.
Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690
#193Earlier quoted context omitted.
Why "just scoff"? There's a salary that would allow you to live comfortably and get more net income in the Bay Area - you'd want to see if the jobs can pay that salary
Because I've done my research. I generally quote salary requirements in terms of living in a modest house in a pretty good school district, on a single salary (since my wife wants to stay at home and raise the kids). Not surprisingly, this makes recruiter jaws drop. We're not even on the same page. In most parts of the country, though, those requirements work just fine.
Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690
#194Earlier quoted context omitted.
Because I've done my research. I generally quote salary requirements in terms of living in a modest house in a pretty good school district, on a single salary (since my wife wants to stay at home and raise the kids). Not surprisingly, this makes recruiter jaws drop. We're not even on the same page. In most parts of the country, though, those requirements work just fine.
Do you mind saying what your requirement is or the general range?
Can't recall the specifics, but my offer from a FAANG back then was a bit over $200K gross. But a lot of that isn't really liquid cash that you could use to pay the mortgage. It doesn't really fly.
These days, for the scenario above, even $300K/y cash seems marginal. And AFAIK, no one in the BA would seriously consider offering me that.
Lest someone complain that I seem entitled, let me say that I in no way consider that I somehow deserve such an offer. But at the same time, no BA employer deserves someone like me when I can get equivalent comp elsewhere.
IMO, the way BA comp works is you engage in raids for five to ten years when you're in your late 20s or early 30s. Live in squalor, three or five roommates, and bank it all. Do not marry. Then take your winnings back to the real world and retire, or at least, live an easy life.
But if you want a traditional life, thar be dragons...
Re: San Francisco median one bedroom apartment rent hits a new peak of $3,690
#195Earlier quoted context omitted.
Do you mind saying what your requirement is or the general range?
My most serious foray was around 2012, and back then such a house seemed to go for $800K. Given the mortgage ratios, that corresponds to a PI payment of around $3800/mo. Kind of hard to match this to current offerings, but it looks like maybe $1.3M now, so theoretically $6200/mo. So maybe $100-120K/y in mortgage payments? Not sure. Can't recall the specifics, but my offer from a FAANG back then was a bit over $200K g…