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Comment by kstrauser | Hacker News Reader

Or you could spend half that in the heart of SF and have a nice place in a decent neighborhood: https://www.zillow.com/homedetails/1265-Union-St-San-Francis...

It's not that it's cheap here, not by any measure, but it's not nearly so dire as y'all want to claim.

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With $3MM you could just stop working and live in many other nice enough places without ever having to work again.

3% of 3 million is 90k which sounds better than it actually is as you need to pay for health insurance.

Plenty of people live in any city with less than that, but it is below the average income in many nice counties in the US.

90K is still 50% above the median income, not to mention the fact that you have twice as much as time available and using just a small amount of that can be used to cut costs significantly in other areas. It is more effectively a $150K income if we add in the median wage from the job you aren't doing.

Nationwide, the US median income for full-time workers is over 62k without considering benefits, but many areas are well above that.

Except you’re a wage slave and your American Nightmare comes with a mortgage, your sizable interest payments are likely funding the retirement income of a boomer too (along with bankers too, they always get a cut)

Buying a $3M house does not mean they have $3M cash

They haven't really "bought" it then though no?

That is a tenancy in common 2 bedroom apartment not a house. Shared ownership of a 100+ year old building with "leased" parking 2 blocks away. Not exactly the home ownership dream.

I own one unit in a 2-unit condo built in the 1910s in SF. It’s pretty fucking dreamy if you ask me.

different strokes for different folks. I can't fucking stand hearing every breath of every neighbor in a 100yr old SF house and having to tiptoe at all times so as not to upset the other tenents

I am almost never aware of my upstairs neighbors, through two pairs of them, including a dog and a baby.

Then click around to find something more your liking. There are a lot of places for sale for under $3M that aren’t exactly a tent under a bridge.

That too for $1.5 million. 99% of Americans would picture a mansion when they think of a $1.5 million home.

Hey now, around 15% of the population live in CA or NY so I think your estimate is too high

Luckily you can live in a city and then later sell that appartment and buy another house in the sticks that is the dream.

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