Question for tech industry renters only

Financial Services Company
guess let

Financial Services Company

guess let
Apr 26 4 Comments

Where do you currently stand on the idea of home ownership.

TC 500

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 TOP 4 Comments
  • Quirch Foods / Eng
    sadpeepo

    Quirch Foods Eng

     sadpeepo
    If your goal is not about investing in RE then just buy whenever you want to get a house and settle down, overtime houses go up in value and in 10 years the impact of your decision won’t matter much
    Apr 26 0
  • PayPal
    892046222j

    Go to company page PayPal

    892046222j
    Can't time anything. Life is unpredictable. If you plan to stay in an area for 3+ years and you have the finances, buy. If you don't have the finances or you are unsure if your personal life plans, wait. That's how I've reconciled as a tech renter.
    Apr 26 0
  • New
    EOcW23

    New

    EOcW23
    Own vacation home in a lcol and rent in South Bay.
    Apr 26 0
  • New
    ArindamBad

    New

    ArindamBad
    Tech cities are most exposed to current market down turn. Majority of publicly traded companies in tech hubs are losing money (65% in SF metro are lossy) and most of them are tech. Tech wages have heavy RSU component. In this macro economic environment, lossy companies are not tolerated. So would it be prudent to buy a home now banking on high flying RSUs and hot job market ( which may soon be over onc stocks crash)? So not surprised to see majority aren't buying now.
    Apr 26 0