I had $0 net worth living in TX and working for SAP. Moved to Bay in 2015 to work for FAANG. Bought a house in 2016 for $600k (worth $1.2mn now). Bought another one on 2018 for $1mn (worth $1.7mn now). Stock price inflation resulted on $1mn TC. Everyone should move to Bay to maximize TC. Remember housing here will always go up. I remember people telling me in 2016 that $600k was expensive for the property I was buying. Don’t listen to negative nancies. Grab your FAANG offers. Buy homes, and enjoy early retirement #bayarea
I’m glad you kept your SAP blind since 2015
Yeah.. no reverification at all in 6 years
What benefit is there to use new company email ?
Good for you !
What kind of marketing is this.
"Bay Area landlord makes pro-Bay Area posts to keep interest up despite remote work, wildfire smoke and heatwaves."
I wonder why wildfire is only happens in California, Texas is more hotter than the CA
Same story.. for some reason I saved nothing in Texas but after moving out, I now have 700k in cash in 4 years (300k in stocks and 400k with recent home sell)
SAP is for sure an interesting company. Every week there's someone with SAP in their login claiming to be a FANG employee making 1m TC. You must know this guy - https://us.teamblind.com/s/wkcq88ea
Yeah, that’s me
No wonder you have two SAP emails.
Bay Area > *. If you disagree you aren’t good enough. Sorry not sorry.
Seattle shits on the bay
Haha I just say stuff like that to get a reaction! And I got one!! But seriously doesn’t the lack of sunlight get to you??
0 NW, but bought a house for 600k, very funny. TC or GTFO
He could put 5% down which would be 30k. Extreme easy to save in a year...
Assuming no student debt… still…
Buying a $600k house in a year from $0 net worth 🤨
Saving 30-60k/yr is 🥜 for tech workers on Bay Area
You only $60k to buy a $600k house. What’s the big deal ? Back in the day, you could also get a 3.5% down FHA loan and you can fund that using a personal loan
If money is the only life you are chasing .
California and the bay is great.. money is actually the only thing that is subjectively bad due to hcol.
Money doesn’t solve all issues. But it does solve most issues and is way better than not having money
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You have 2 homes or sold the first?
I have two + 1 in Seattle. Never selling Bay Area homes