Adrianna Tan
Saw someone from the south say that the reason Bay Area people ‘can’t live on 100K’ is they have luxuries like nice houses and cars instead of ‘a starter home in the suburbs’ and a ‘mid range car like a Toyota’ and lady I don’t think you know what you are talking about
Try 3x-ing that to get any of those things and childcare
Adrianna Tan
Not saying it’s not possible, but you can’t compare one of the most expensive places in the world to.. the south.
My theory is that almost every major global city has almost the same housing price issues (except Tokyo, but it’s not easy to move there and live there). My housing options are the same in SF and Singapore.
It would also take me a lot to move outside one of these cities. Not because I don’t think life is worth living outside, but because I value some things more than home ownership.
Adrianna Tan
Essentially I’m never ‘giving up my friends and family and access to food I like to own a shitty home in a shitty suburb’
Adrianna Tan
@mayintoronto Vienna is nice but I somehow don’t really consider it a major global city hehe
May Likes Toronto
@skinnylatte and Austria. Non profit housing is the only way to go.
Adrianna Tan
@mayintoronto when I visited as a teenager on a school trip and was walking around minding my own business, old people there also told the cops to ‘keep an eye on those kids’.
seems great for folks from there tho
May Likes Toronto
@skinnylatte Fair. Their housing is ridiculously affordable though.
Scott 🇯🇲 🇺🇸
@skinnylatte I’ve lived on the Maryland side of DC suburbs my entire life and at least on the food front I think we punch above our weight because of decades of immigration from El Salvador, Ethiopia, Thailand, Vietnam, India, etc.
When it comes to housing costs, this area isn’t much better than SF because of the huge price run-up since the crash in 2008. My being a homeowner (2-garage townhouse) is just good fortune. Absent any one of the following factors (CS degree, no student loan debt, enough money saved for a downpayment, affordable real estate market in 1998) I might still be a renter today.
Adrianna Tan
@orloff singapore has public housing, we still have $1M public housing apts
sf is a whole other thing, it's just dysfunctional and nimbys generally in the bay area
but lots of cities around the world do have $1M median homes (sydney, toronto, etc) anywhere that has 'buy a home that will be your primary investment / equity vehicle'
Alex Orloff
@skinnylatte actually its pretty specific to liberal areas where homeowners can block housing development
In Austin they went ahead and overbuilt in response to the housing crisis during the pandemic and what do you know, rents are falling
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