I’ve been with Mongo since pre-IPO time, fully vested, haven’t sold much of my stock yet. My spouse lost her IT job in 2019 and she wanted to join FAANG-kind of company, burned herself with all prep, got a few declines (one of them being Amazon) and now lost her hope. Both of us in our forties, two kids, Total net worth is about 1.7M. Only 150K in 401K for both of us since we arrived to the US in our thirties. I can’t imagine myself buying a house even in East Bay - it seems that everyone decided to move out of San Francisco to Alameda county. Prices are crazy and inventory is non-existent. My rent is very competitive - 2br/1.5bath, attached garage for 2 cars townhouse for $2.4K/m, but the landlord is refusing to install an AC and HOA folks are really rude: when I put a box fan with a HEPA filter attached into a window last September to get some fresh air (remember these horrible fires?), they sent multiple threatening notices both to us and my landlord despite having a letter from my doctor that I have asthma. What I’m trying to say here is that I’m close to being done with California and started to look around. West Salem, Salem, OR looks nice and you can get a decent house for about 0.5M. I can easily work remote, not sure what will be my pay cut though. Appreciate anyone sharing their thoughts.
Avoid Salem though. Go live in Portland if you can afford, which I think you can.
Is there anything I should know about Salem, specifically West Salem neighborhood? I like the way I live in East Bay - less crowded compared to the Valley, and I want to maintain it
Been there only a couple of times. Quite sleepy for my liking.
Sounds good to me, find a good place, with good neighborhood and finally start to live your full life, instead of surviving at bay area. I am going to move out from bay are as well, once we will know more about post covid world.
Why doesn’t your wife try working for a lower tier company? It’ll be less stressful and will be her fulfillment. Unless she’s happy at home??
She’s pretty much ready to work for anyone at this point, but everyone is scary regarding her close to 2-year non-working blip. She’s pretty good with algorithms, but has little practical programming experience except Oracle SQL skills
Do side projects, I think it’s less stigmatized for a woman to take a two year break than a man.
Do it. - Fellow asthmatic who moved out. I had no complaints when I installed two portable ACs + air purifiers with vents sticking out the windows but it still sucks to be under house arrest for a month. Bay Area wildfires will kill your lungs (300+ purple air for 15 days, air quality alert for one month plus). With air worse than Beijing or New Delhi, one has to wonder why this isn't brought up when discussing the housing here.
For asthma and allergies you might consider Arizona.
Austin isn’t the best this week, but much better housing situation than the Bay Area, while also having enough tech jobs
At least oregonians are better prepared for climate change compared to texans :-)
You should be kidding. Prices growing day by day in Austin. There is limited inventory right now and houses being sold 150k more than starting price. You won’t buy a good house for 0,5m in Austin anymore
I moved out last July to FL and was the best decision I could have taken. Bought a 5b/5b house with a pool for less than 500k and my property taxes are 4k/year.
Outside of Portland, Oregon only makes sense if you are White.
Las Vegas, NV - cheaper and no tax like in CA
I hear Texas is good this time of year
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I think you have a good plan.