Would you move to San Fran area if offered a job that pays 50k more?

Anonymous
Wife just got an offer with a tech company that pays 50k more, bumping us from 190k to 240k. Currently we live in close-in SS. Is this pay bump enough to live comfortably in the Bay area? We just bought a 4bd house that we like, and if we do move I am aware we would need to downsize dramatically.
Anonymous
No. I would not. It is not enough money for that area in my opinion.
Anonymous
I would stop calling it San Fran.
Anonymous
Where in the Bay Area. Definitely not if the job is in SF, the Peninsula, or the South Bay. Maybe if it's East Bay, but only if you really, really want to try living out there. Housing prices have gone nuts out there.
Anonymous
Not for that amount of money, assuming 240k is your combined HHI.
Anonymous
Anonymous wrote:Where in the Bay Area. Definitely not if the job is in SF, the Peninsula, or the South Bay. Maybe if it's East Bay, but only if you really, really want to try living out there. Housing prices have gone nuts out there.


It's doable in the East Bay. In Pleasant Hill, the prices are a bit more reasonable, but still higher than you would pay in Silver Spring. Four bedrooms would be high 700s to 900s. But property taxes will be higher. 50k more still won't go that far.
Anonymous
Anonymous wrote:No. I would not. It is not enough money for that area in my opinion.


Agree.
Anonymous
If single or DINK, sure

With kids? Nowhere near enough of a pay bump
Anonymous
OP here. DINK, but kids might come soon. Job would be in Cupertino. If it makes a difference, we currently both work from home (in our late 20s).
Anonymous
Anonymous wrote:OP here. DINK, but kids might come soon. Job would be in Cupertino. If it makes a difference, we currently both work from home (in our late 20s).


A couple of DINKS in their late 20s making that much money and settling for ho hum Silver Spring? You guys can handle anything. Go for it!
Anonymous
Anonymous wrote:
Anonymous wrote:No. I would not. It is not enough money for that area in my opinion.


Agree.


+1
Anonymous
Anonymous wrote:
Anonymous wrote:OP here. DINK, but kids might come soon. Job would be in Cupertino. If it makes a difference, we currently both work from home (in our late 20s).


A couple of DINKS in their late 20s making that much money and settling for ho hum Silver Spring? You guys can handle anything. Go for it!


Get on that rocket ship.
Anonymous
Not sure you could afford 4 BRs out that way, but I would make the move. Bay Area is much nicer than DC in my opinion.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OP here. DINK, but kids might come soon. Job would be in Cupertino. If it makes a difference, we currently both work from home (in our late 20s).


A couple of DINKS in their late 20s making that much money and settling for ho hum Silver Spring? You guys can handle anything. Go for it!


Get on that rocket ship.


You are young, so go for it. Is the salary growth potential higher in the new job? That's also a factor.
Anonymous
I would do it only if the opportunity opens many doors. If it's a promotion then yes absolutely.
post reply Forum Index » Real Estate
Message Quick Reply
Go to: