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I was born and lived in the Silicon Valley all my life. I think you're over-exaggerating the issue. https://www.zillow.com/homedetails/1052-Montgomery-Ave-San-
by MystK 9y ago
I was born and lived in the Silicon Valley all my life. I think you're over-exaggerating the issue.
https://www.zillow.com/homedetails/1052-Montgomery-Ave-San-Bruno-CA-94066/15488979_zpid/ https://www.zillow.com/homedetails/1052-Montgomery-Ave-San-B...
Here's a 1200 SQFT 4 bedroom home in San Bruno for only 700k.
The fact is that you are looking at homes over your budget, especially if you haven't saved a sizable down payment. Yes it's worse than other areas, but there are a lot of opportunities for people here.
- linkregister 9y agoWhat a bargain! How much should a household earn in order to afford that house? Assuming the $150k down payment.
- MystK 9y agoThe monthly payment is a mere $3071 a month for 30 year and $4,429 for 15 year. With his income, he can comfortably afford a monthly payment of $7,140.
- linkregister 9y agoThat house will sell for $850k. But yes, the OP should be able to easily afford it.