Investing in Real Estate - Creative Opportunities Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Investing in Real Estate - Creative Opportunities

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Vosilla who wrote (906)	8/18/2012 4:52:39 PM
From: Jurgis Bekepuris	Read Replies (1) of 2722

I don't know any job that pays 2X in SV. In computer science, the factor is at best 1.5x and more commonly 1.2x. I doubt it's better than that in other fields. You'd have to account for other things that are more expensive in SV apart from RE. The positive sides of SV are: - huge startup, high-growth early stage company scene, so you can make $Ms if you win the startup lottery. I think it's still less than 10% (less than 1%? not sure) of people who make $Ms, but it's a bigger chance than elsewhere. - huge choice of jobs/companies. You don't like X, you can go to Y tomorrow. In other areas, if you want to leave X and go to Y, you may have to move long distance. - high tech social scene with a lot of smart people. Boston area has most of the above (in lesser quantity though) and is 2X cheaper. Austin has most of the above (in lesser quantity though) and is probably 2X cheaper. Seattle has most of the above in lesser quantity and is probably 2X cheaper. Chicago is probably 3-4X cheaper. But yeah, most other places have fewer high tech employers and mostly lesser quality ones. If I had to go to SV, I'd rent. I think.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next