Only 10% of the population makes more than ~$113,000 a year, but if you live in the San Francisco Bay Area, it seems as if everybody is making six figures or more due to sky high housing prices. Let’s hear from my friend Chris, who so happens to make a healthy income working at one of the world’s most valuable companies.
Sam recently dropped by for a visit to Google, where I’ve been working for the past 4½ years, and we got to talking about the cost of living in Silicon Valley. All of my friends who live in other parts of the country are buying their first starter homes, and I earn good money at Google.
My wife and I really wanted to buy a house, a nice place with room for our growing family, but the thought of putting everything we’d saved into a million dollar fixer upper just didn’t make much sense to either of us.