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Old 05-31-2018, 04:47 AM
 
2,767 posts, read 5,185,988 times
Reputation: 3652

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Quote:
Originally Posted by ssmaster View Post
that is a comfortable salary in san francisco but a LOT of people make much more.
its not ferrari or bentley money
if they buy a nice noe adjacent home
https://www.sothebyshomes.com/San-Fr.../sales/0086972
$2.7 million
Its unbelievable that a home like that is 2.7 million. I would not want to live there. The student apartment kitchen in pic 12 and the yellow carpet circa 1978 in pic 13 are particularly appalling. In many cities one could buy a much nicer home for $200k.

Quote:
Originally Posted by schizosquirrel View Post
My partner and I are contemplating a move back to SF. We moved from SF to a large Midwestern city about 3 years ago due to a job opportunity. While we definitely like it here (good job opportunities, decent pay, much lower cost of living and real estate/housing prices, better traffic, nice people, etc).... it doesn't quite feel like "home" even after 3 years, we're both utterly sick of the winters,
Large city midwest + nice people + bad winters +better traffic = sounds like Minneapolis. Its cold there and the taxes are almost as bad as California!

I would look at a third alternative. For example in San Diego one can still buy a nice home for $850k and a fabulous home for 1.5 million. I think the lifestyle there is 10x better than SF.

I will also choose the Atlanta area over the bay area anyday. Atlanta has lower taxes and almost no snow but the traffic is horrible.

Compare what $850k buys:

An elite area with 10 rated schools

https://www.trulia.com/p/ga/milton/1...04--2029221268

or an area like East Palo Alto

https://www.trulia.com/p/ca/east-pal...03--2083125010

or a regular nice house in an 8 or 9 rated elementary school district

https://www.trulia.com/p/ca/san-dieg...24--2079921466
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Old 05-31-2018, 05:25 AM
 
Location: Downtown Phoenix, AZ
23,594 posts, read 9,134,092 times
Reputation: 7605
Quote:
Originally Posted by ssmaster View Post
that is a comfortable salary in san francisco but a LOT of people make much more.
its not ferrari or bentley money
if they buy a nice noe adjacent home
https://www.sothebyshomes.com/San-Fr.../sales/0086972
$2.7 million


that's a $550,000 down payment
$12,000 a month mortgage
$25,000 a year per kid private school
retirement saving
college savings




and people living in cow hollow are buying places for $7-8 million
Are the public schools in San Francisco city that had? I went to public school back in New York and don't remember it being horrible....
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Old 05-31-2018, 05:33 AM
 
2,767 posts, read 5,185,988 times
Reputation: 3652
Quote:
Originally Posted by FirebirdCamaro1220 View Post
Are the public schools in San Francisco city that had? I went to public school back in New York and don't remember it being horrible....
The are many very good public schools in SF, especially in the western part of the city. Also Lowell High is a magnet school and one of the best schools in the country. However due to the school assignment system lotto, a child may be assigned anywhere in the city. Parents can pick their top choices but there are no guarantees.
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Old 05-31-2018, 12:09 PM
 
Location: Formerly Pleasanton Ca, now in Marietta Ga
7,703 posts, read 5,306,086 times
Reputation: 10708
Quote:
Originally Posted by JJonesIII View Post
If you don't think this is a troll thread, I've got a bridge to sell you.
I concur.
Anyone who has an income of a half million or more and is worried about housing cost is not legit.

But I'm interested in the bridge. Can you post some details about it?
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Old 05-31-2018, 12:34 PM
 
1,643 posts, read 2,867,385 times
Reputation: 1394
maybe a troll but $500,000 a year does not get you a lot of house in san francisco


Report: It takes $333K annual income to buy a house in San Francisco the present median in the city for a single-family home reached $1.61 million.
https://sf.curbed.com/2018/5/16/1736...018-california
San Mateo County: $1.57 million (up $270K)
Santa Clara County: $1.37 million (up $70K)
Marin County: $1.36 million (up $160K)
Alameda County: $875K (up $77K).
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Old 05-31-2018, 12:49 PM
 
Location: NNV
2,791 posts, read 1,784,934 times
Reputation: 5378
Quote:
Originally Posted by aslowdodge View Post
I concur.
Anyone who has an income of a half million or more and is worried about housing cost is not legit.

But I'm interested in the bridge. Can you post some details about it?
I doubt we'll hear from the OP again.
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Old 05-31-2018, 07:44 PM
 
1,204 posts, read 574,112 times
Reputation: 1391
Quote:
Originally Posted by FirebirdCamaro1220 View Post
Are the public schools in San Francisco city that had? I went to public school back in New York and don't remember it being horrible....
The High Schools are indeed terrible with the only jewel being Lowell. They are some of the worst in the state.

https://www.usnews.com/education/bes...ornia/rankings

Last edited by JJonesIII; 05-31-2018 at 07:54 PM..
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Old 05-31-2018, 08:48 PM
 
2,767 posts, read 5,185,988 times
Reputation: 3652
Quote:
Originally Posted by JJonesIII View Post
The High Schools are indeed terrible with the only jewel being Lowell. They are some of the worst in the state.
San Francisco has 45 schools that are ranked between 8 and 10!

California School Ratings, school profiles, test scores - San Francisco County

There are seven high schools ranked 9 or 10!

California School Ratings, school profiles, test scores - San Francisco County

Some of these San Francisco schools are just as highly ranked as Cupertino schools.

Ulloa Elementary in San Francisco , CA - ranking, school information, ratings, test scores, test results

Stevens Creek Elementary in Cupertino , CA - ranking, school information, ratings, test scores, test results
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Old 05-31-2018, 09:11 PM
 
1,643 posts, read 2,867,385 times
Reputation: 1394
There are 30 schools ranked 3 or less!
Not great odds with a school lotto system
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Old 05-31-2018, 11:09 PM
 
Location: California
32,402 posts, read 35,792,001 times
Reputation: 28280
Hahaha! With that kind of money I'd be looking anywhere BUT SF proper!
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