@patchwork26@TrustScore_1 I'm sure this was the only thing stopping you from getting a job at Meta? Looking forward to you breezing through the interviews now.
@sg2waugh@scottbudman@ApartmentList not entirely. mortgage interest, prop tax, hoa and insurance are non recoverable. only principle and appreciation turns to investment. 6% is also lost in selling cost when you sell.
@NadimHossain@rohindhar Correct. So a strategy would be to find a home which which doesn't have en-suite or second full bathroom but potential to add one. Less competition. But you would need stomach for a renovation. We went this way and it worked out.
@hkarthik The business gains 10-20% more mediocre IC output from someone who stopped coding full-time years ago, at the cost of the actual EM work nobody else is doing. Great trade. Very thought through.
Only in Silicon Valley can a $500K salaried, fully-benefited, equity-vesting, catered-lunch-having, therapy-reimbursed adult look into a mirror and whisper 'permanent underclass' with a straight face.
typical bay area malaise where everyone (in tech) you meet even outside the work context is silently judging, performing or status signaling. Very rarely are people out to make a real connection.
@atShruti If someone chooses to spend their $11m in that way SF, that just shows really poor money management. You can lead a very comfortable life here without doing any of the above.
@rohindhar Great insight. I once was bidding on a fixer upper and the seller based their expectations on a house that sold a block away and minus-sed all the cost improvements they put in that house.
@rohindhar That's always true for SF. Quantitative appraisals based on # of rooms/bathrooms never work here. Each house/layout/block is a unique snowflake. That's why i never trust zestimate/redfin estimates.
@Karim__Hamidou@rohindhar If you are talking about Funston/14th ave. then every house/condo has historically always been on the expensive side. Despite being across Park Presidio.