Facebook engineers struggling with sky-high rents ask Mark Zuckerberg for help

[Adidacs]

There's an entire chunk you're missing.
Outside investors.
You think software engineers are the ones raising the prices so high?
Its multi-millionaire and billionaire Chinese and Saudi people with money to blow, and who are literally parking millions of dollars in neighborhoods with 3-4 bedroom houses.
Google and Facebook employees are 2-3 to a house renting, or with incubators.
Only senior members, couples, and the wealthy outside investors (and a few overpaid athletes, actors, directors, music execs) are buying property and raising the COL sky-high.

ding ding

chinese, saudi arabian, european, and american elites are in on super cities

modeled after hives, where the worker bees will eventually live in modernized slums.. think s1 e2 black mirror

it has to get worse before they can usher in the totalitarian technocracy without resistance though

it's like a shytty glass of water with mud and bugs all in it.. you won't drink that shyt now but wait until your piss is brown and your throat's burning

 

[Mr.Big Meat McGee]

That's because you weren't born there, UCSF baby

Still don't understand what's special about San Francisco

 

[lotteryplaya]

Zuckerberg has a negative story about him almost every month. Facebook engineers standing in lines to buy lottery tickets just like me.

 

[street heat]

I refuse to believe people are struggling making 6 figures. You gotta have some terrible spending habits.

 

[itsyoung!!]

Housing pricing has spiked up so much since 2012-20 its near 2007 levels (right before the housing market crashed the economy)


Not sure if other states are like this, but its definitely a housing crisis in California

they dont even try to make affordable houses no more. I havnt seen a newly built community of houses for less than $500,000 minimum per house in years

 

[itsyoung!!]

I refuse to believe people are struggling making 6 figures. You gotta have some terrible spending habits.

100k -40% for rent -30% for taxes -10% for 401k/benefits/health. 80% of your check, at 100k, is gone to rent and taxes before you even see it.. leaves you with 20% of your income to split between food, travel (gas), amenities like comcast, savings account, and fun activities.



take 20% of your current income and try to save any worthwhile amount, go out and have fun 2-3 times a month (a date, a bar, trip to the lake, whatever.. ), pay for comcast, eat every day and gas money...

could you do it ? Most people can do it without saving, but if you are saving, its near impossible.

(In San Francisco. Can live on the suburbs around SF for cheaper, but even those are getting to the pricing where its not worth it to live on your own)

 

[Wild self]

Housing pricing has spiked up so much since 2012-20 its near 2007 levels (right before the housing market crashed the economy)


Not sure if other states are like this, but its definitely a housing crisis in California

they dont even try to make affordable houses no more. I havnt seen a newly built community of houses for less than $500,000 minimum per house in years

It needs to crumble and never reach those levels again. They hoarding all the possible disposable income to revive the economy.

 

[Shadow King]

I can see it. shyt, in DC making a combine of 250k was hard.

That's still a 750k difference...they're probably hell bent on certain houses/locations.

 

[TooLazyToMakeUp1]

Better get an airstream and pull into the parking lot

 

[Absolut]

What the fukk is pressed juice? Blend the shyt yourself for a tenth of the price

 

[ORDER_66]

I refuse to believe people are struggling making 6 figures. You gotta have some terrible spending habits.

I mean if the houses on the market in SF start at a million dollars it's not that hard to believe.... Bottom line if I was making 6 figures I'd be stacking... Convert a airstream into a portable home and just find me somewhere to park, bike into work! then when it's all said and done retire with a phat amount of money...

 

[Wild self]

I mean if the houses on the market in SF start at a million dollars it's not that hard to believe.... Bottom line if I was making 6 figures I'd be stacking... Convert a airstream into a portable home and just find me somewhere to park, bike into work! then when it's all said and done retire with a phat amount of money...

You really can live like that for 30 years, before you become decrepit and old?

 

[MalikX]

That's still a 750k difference...they're probably hell bent on certain houses/locations.

Go check the housing market in San Fran. Rental and real estate. You'll be disgusted.