Is the Bay Area the biggest fraud ever?

Google
C0vidFight

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C0vidFight
Oct 11, 2021 1,138 Comments

This week marks my 10th anniversary since I moved to the Bay Area. Over all these years, I've met some of the best friends I've ever had, only to see them move out of state a few years later due to cost of living.

Today, I just got word from another person on my social circle who is moving to Colorado. They are leaving after 2 years. All of them tell me roughly the same: they make more but it's not enough to make up for the difference in cost of living, higher taxes and overpriced housing. It happens over and over again. It seems like this place is very transitory for everyone: people come with dreams and fantasies, they face the reality of the Bay, and they leave.

I myself bought a house a few years ago. My monthly mortgage makes me cringe and I'm not even that happy with the place. I feel I'm paying a premium to live in a pretty modest, older home. And while it did build some equity, it's not really enough to move up to something more impressive. And yes I also got raises over the years, but again not even close to being enough to upgrade. Home equity and raises are good, but other nicer homes also went up by a lot so it's meaningless at this point.

I'm getting tired of this rat race and of seeing people coming and going for the same reasons over and over. Maybe it's time for me to cash out that equity and go to another state too? I feel defrauded in this place. Like I pay a premium for everything and don't really get a quality of life compatible with what I spend. I expect more... Much more.

Thoughts?

TC: 320K

#mortgage #housing

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TOP 1,138 Comments
  • It's ok to move. The bay is super expensive. If you've been here for 10 years and only making 320k it's probably not for you and that's ok. To really enjoy the bay or other super expensive cities in general you have to have a lot of money or at least prospects while you hustle. That doesn't make it a fraud...
    Oct 11, 2021 19
  • Apple
    MurrayAndy

    Go to company page Apple

    MurrayAndy
    How bad is the monthly mortgage?
    Oct 11, 2021 18
    • Lots of people want to move to pa suburba depends on ur priorities. I used to live in santa monica too, but i couldnt afford to buy a small home and with kids, cannot live in apartment. In addition, everyone was white! I lived across a elementary school there and all i saw were white kids, no other race. Given that i am asian, it put me off. Gorgeous place to live a no kids life tho.
      Oct 12, 2021
    • @Meredith Race diversity as well as affordability was highly on your list. So, where did you move?
      Jan 2
  • Move to Texas, no state tax, cheaper better housing
    Oct 12, 2021 13
    • New / Other
      sheesh 🧊

      New Other

      BIO
      crypto native VC
      sheesh 🧊
      Doesn’t work if you’re a woman
      Oct 12, 2021
    • Splunk
      ypUg37

      Go to company page Splunk

      ypUg37
      Lol CA to TX is a downgrade. no way around it. even trading city modest for country rich, forget ab the Texans just the climate in itself is a loosing deal.
      Oct 12, 2021
  • Lyft
    juul3r

    Go to company page Lyft

    juul3r
    Same here OP. Bay Area is not the easiest place to create roots and a stable social circle. Even places like New York are better for that. Go figure…
    Oct 11, 2021 10
  • Yelp
    gimmehouse

    Go to company page Yelp

    gimmehouse
    OP wasn’t raised correctly. Instead of admitting failure, he/she is calling a geographic area fraud. I bet it’s never his/her fault mentality.
    Oct 12, 2021 21
    • Yelp
      gimmehouse

      Go to company page Yelp

      gimmehouse
      I don’t have many dreams. I take life as it comes and try to stay positive.
      Oct 12, 2021
    • Apple
      hhhjjkknn

      Go to company page Apple

      hhhjjkknn
      Funny someone who needs advice and help is saying to the majority that this group is abnormal. “I can’t be wrong. You are wrong”

      Hey I insulted your home country to show how your logic can be used in a negative way to you. Glad you understood that’s wrong.
      Oct 12, 2021