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Old Posted Jul 25, 2019, 8:24 PM
jtown,man jtown,man is offline
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Join Date: Dec 2003
Location: Norfolk, Va
Posts: 2,273
Quote:
Originally Posted by Steely Dan View Post
i'm looking at this through the lens of middle class people (people like me).

let's say a plumber in buffalo makes $50,000/year. he's totally gonna be able to buy an $86,000 home for his family.

let's say a plumber in SF makes $130,000/year. he's nowhere remotely close to being able to buy a $1.3M dollar home for his family.
Exactly.

If I make 50k in Norfolk and move to SF and make 80k(a nice pay jump) this would mean I make 2,500 more a month before taxes. If the median rent here is like 1,000 for a two bedroom and its about 5,000 in SF, I am poorer.
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