Does anyone regret moving to bay area or SF?
Apr 13, 2020
952 Comments
Does anyone regret moving to bay area or SF due to travel or any personal opinion specially working parents?
Does anyone regret moving to bay area or SF due to travel or any personal opinion specially working parents?
comments
if you are single and share rooms bay area is great for career progression, if you have a family and only one working partner, it becomes very difficult to save. So moved out the first time due to this.
Got a good offer and a chance to initiate GC so moved to SF company and after staying around 2.5 years and having our first kid started to feel the pinch again as the BARt struggle was too much and salary was not growing. Moved out again.
After a year or so got a great offer in the south bay moved back in, everything was great but still was missing the charm of living in a smaller city. So again moved out with 200K TC which is less that what i used to make around 260K in bay area but after expenses i am saving more. Living in a awesome townhome and the view is priceless.
And @woopscat that’s exactly right. My mom thinks any individual making over $100k is well off. She’s been teaching in the Bay Area since the early ‘80s and still makes under a six figure salary.
They didn’t do too badly in the ‘90s, purchased a modest house. But they really could hardly afford it when they purchased it, and after 10 years when the balloon payment kicked in and their salaries couldn’t handle it, they just kept pulling equity until they lost control and ultimately lost their home in 2008. It was devastating for my family. They had to live with family members for years to build back their credit enough to be able to rent a small two bedroom apartment and they were ostracized from the community where I grew up.
So I’m sorry if I was a little testy at first. It’s a really personal topic for me. I hate when people assume that mine and my husband’s successes were handed to us and that we have wealthy families supporting us. We’ve done it all on our own. Paid for our education, our own wedding, our home we own, etc.
All that said, I still love the Bay Area and would never leave. Too much family history here... not all of it bad ;)
I assume it is 100X worse now than I ever saw in the 1990s and 2000s.