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rootsudo

While the math is somewhat accurate you’re missing the point.

30% of income to go right back to rent in the Bay Area for the privilege of living in a studio is…

For most people, including me, not worth it.

“Oh but this is nationally average numbers” yes and no.

Plus your numbers are gross not net.

$73,000 to live in a studio, let’s be generous and say under 300sq ft, commute over an hour daily..

For what? The privilege to work in Bay Area?

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I adjusted the numbers to net.

> The privilege to work in the Bay Area?

In the bay area you have mild climate all year, high quality public transport, culture, food. I do agree that rents are too high given a lack of development, but for many people that is worth it. The bay area is one of the few places in the world that pays fresh college graduates 120k+, so naturally there will be high rents, and to be in that environment is a privilege especially in growing a network.

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