> i dont think finding a place in city like SF should be considered long odds lol
To rent or to buy? Because those are vastly different things in today’s economy. Rent, sure - you can find one. Buying? You need 250K+ saved and jobs that lets you pay 8K/mo for at least 10 years.
But I do agree that people in areas with high RE who own a home and two cars shouldn’t be included in the poor category. That’s easily 1M in assets.
To rent or to buy? Because those are vastly different things in today’s economy. Rent, sure - you can find one. Buying? You need 250K+ saved and jobs that lets you pay 8K/mo for at least 10 years.
But I do agree that people in areas with high RE who own a home and two cars shouldn’t be included in the poor category. That’s easily 1M in assets.