Posted Jul 26, 2019, 4:48 AM
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Registered User
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Join Date: Dec 2016
Location: San Francisco
Posts: 24,177
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Quote:
Originally Posted by jtown,man
Exactly.
If I make 50k in Norfolk and move to SF and make 80k(a nice pay jump) this would mean I make 2,500 more a month before taxes. If the median rent here is like 1,000 for a two bedroom and its about 5,000 in SF, I am poorer.
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So how would things be with a high 3-figure mortgage payment (refi’d a few times) on a 2/2 midrise condo in downtown SF that’s quadrupled in value since purchase? 
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