Friend’s company getting acquired by FAANG for a few million, needs to move to the Bay Area. “My budget is like $1.2m if I’m buying a house, $4500/month if I’m renting.” There are very, very few houses on the market. And *that* is why rent is so expensive here.
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You can rent a really nice place in Maui for that amount.
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1.2M is the new 220K...
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The problem is also that US culture makes people think they need a big house with a huge garden to be happy.
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That's a two bedroom apartment in most of the mid-Peninsula. Some three bedroom houses, but you have to get lucky. Though if I got acquired by FAANG, I would hope for a salary with more room for rent than that. That seems odd?
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