I was offered a job in the Bay Area and I really want to take it. I think it will be a great opportunity (better than what I could have in Texas, I believe). I would be getting an 18% salary increase but in Texas we do NOT have a state tax so I guess with the CA state tax, I'm really only getting a 10% raise. Real estate here is literally 289% less than CA. My house here costs about $250K...in the Bay Area it would go for $1Million (which makes me laugh and cry at the same time).
I currently own a nice house in a great neighborhood so I'm really freaked out about selling my house (giving up my hard earned equity) and going back to renting (and paying double that of my mortgage payment).
So if you had a nice house would you sell it to go back to renting in the most expensive area of the country (and having a significantly smaller place) if you thought the job opportunity was great?
Also, is it possible to SAVE money living in the Bay Area? This is consuming me, seriously...
2007-02-03
18:43:01
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23 answers
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asked by
SiliconValleyGirl
3
in
San Francisco