Anonymous wrote:OP here -
To be clear, it’s my DH parents. And we would consider flying them over every month to see their grandchildren. All other family is in NYC area and we do get together every three months - we’ve always been cross country.
Since we are both in big tech, the move in consideration is also a safety net. A lot of our jobs are going back to Hub and RTO. And there just isn’t another career field (apart from Med or big law big lobby) that can pay as well as Big Tech here in DC. The career advancement and opportunities are limited. In the Bay Area, tech companies are plentiful.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I wouldn't do it. I'd wait til you are job hunting again and an employer will pay for your move.
We are a tech family with an HHI of 1.3M. We may eventually move to CA but are holding out as long as possible. The reality is that $900k will buy you a middle class lifestyle with a brutal commute and a hyperfocus on work. That would be true at our income as well.
And many tech companies are quietly divesting of CA. They are favoring candidates in lower cost tech hubs like Austin, ATL, DC, Nashville, Toronto, and Dublin. So a CA address may actually cut against you.
I always try to find ways to get other people to pay for things vs us. So when we wanted to move, one of us looked for another job and got relocation as part of the package. Just a thought.
OP here. The employer would actually pay for the move as they would prefer I am in CA at the HQ office. I was a covid hire, when location didn't matter but now they have made it clear that career growth opportunities will be limited/nonexistent while I am in VA (vs CA).
If your kids are young AND its good for your career, I think its worth moving to the bay. That said, I absolutely would not buy. It sounds like you are in a biz function, probably a director+, and you're ripe for being caught in a layoff in a few years. I would try it out for a few years and save what you can. All of the areas everyone has noted is quite pricey, but given you work in Sunnyvale / Mountain View (google?), you should save a bit. No need to optimize for caltrain - you'll pay a lot more for that and you probably have a car. Traffic is brutal but you can live close enough where it won't matter.
Renting is an interesting point. We have a <3% rate for our current home in VA which is hard to walk away from.
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I wouldn't do it. I'd wait til you are job hunting again and an employer will pay for your move.
We are a tech family with an HHI of 1.3M. We may eventually move to CA but are holding out as long as possible. The reality is that $900k will buy you a middle class lifestyle with a brutal commute and a hyperfocus on work. That would be true at our income as well.
And many tech companies are quietly divesting of CA. They are favoring candidates in lower cost tech hubs like Austin, ATL, DC, Nashville, Toronto, and Dublin. So a CA address may actually cut against you.
I always try to find ways to get other people to pay for things vs us. So when we wanted to move, one of us looked for another job and got relocation as part of the package. Just a thought.
OP here. The employer would actually pay for the move as they would prefer I am in CA at the HQ office. I was a covid hire, when location didn't matter but now they have made it clear that career growth opportunities will be limited/nonexistent while I am in VA (vs CA).
If your kids are young AND its good for your career, I think its worth moving to the bay. That said, I absolutely would not buy. It sounds like you are in a biz function, probably a director+, and you're ripe for being caught in a layoff in a few years. I would try it out for a few years and save what you can. All of the areas everyone has noted is quite pricey, but given you work in Sunnyvale / Mountain View (google?), you should save a bit. No need to optimize for caltrain - you'll pay a lot more for that and you probably have a car. Traffic is brutal but you can live close enough where it won't matter.
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I wouldn't do it. I'd wait til you are job hunting again and an employer will pay for your move.
We are a tech family with an HHI of 1.3M. We may eventually move to CA but are holding out as long as possible. The reality is that $900k will buy you a middle class lifestyle with a brutal commute and a hyperfocus on work. That would be true at our income as well.
And many tech companies are quietly divesting of CA. They are favoring candidates in lower cost tech hubs like Austin, ATL, DC, Nashville, Toronto, and Dublin. So a CA address may actually cut against you.
I always try to find ways to get other people to pay for things vs us. So when we wanted to move, one of us looked for another job and got relocation as part of the package. Just a thought.
OP here. The employer would actually pay for the move as they would prefer I am in CA at the HQ office. I was a covid hire, when location didn't matter but now they have made it clear that career growth opportunities will be limited/nonexistent while I am in VA (vs CA).
If your kids are young AND its good for your career, I think its worth moving to the bay. That said, I absolutely would not buy. It sounds like you are in a biz function, probably a director+, and you're ripe for being caught in a layoff in a few years. I would try it out for a few years and save what you can. All of the areas everyone has noted is quite pricey, but given you work in Sunnyvale / Mountain View (google?), you should save a bit. No need to optimize for caltrain - you'll pay a lot more for that and you probably have a car. Traffic is brutal but you can live close enough where it won't matter.
Anonymous wrote:FYI- no one from California calls it “Cali”
Anonymous wrote:Anonymous wrote:OP, I wouldn't do it. I'd wait til you are job hunting again and an employer will pay for your move.
We are a tech family with an HHI of 1.3M. We may eventually move to CA but are holding out as long as possible. The reality is that $900k will buy you a middle class lifestyle with a brutal commute and a hyperfocus on work. That would be true at our income as well.
And many tech companies are quietly divesting of CA. They are favoring candidates in lower cost tech hubs like Austin, ATL, DC, Nashville, Toronto, and Dublin. So a CA address may actually cut against you.
I always try to find ways to get other people to pay for things vs us. So when we wanted to move, one of us looked for another job and got relocation as part of the package. Just a thought.
OP here. The employer would actually pay for the move as they would prefer I am in CA at the HQ office. I was a covid hire, when location didn't matter but now they have made it clear that career growth opportunities will be limited/nonexistent while I am in VA (vs CA).
Anonymous wrote:OP, I wouldn't do it. I'd wait til you are job hunting again and an employer will pay for your move.
We are a tech family with an HHI of 1.3M. We may eventually move to CA but are holding out as long as possible. The reality is that $900k will buy you a middle class lifestyle with a brutal commute and a hyperfocus on work. That would be true at our income as well.
And many tech companies are quietly divesting of CA. They are favoring candidates in lower cost tech hubs like Austin, ATL, DC, Nashville, Toronto, and Dublin. So a CA address may actually cut against you.
I always try to find ways to get other people to pay for things vs us. So when we wanted to move, one of us looked for another job and got relocation as part of the package. Just a thought.
Anonymous wrote:Family is a big thing. It depends on your relationships and what you want that to look like as your kids grow up. We would never move because my kids see each set of grandparents at least weekly. But that's us.