7 ms·

Are you not arguing that public sector employees in San Francisco should get a pay cut?

• rkk3 5y ago
  Not really, all I did was question the OP scoffing that an 150k salary is not a lot of money. My mother is a public school teacher.
  • kesselvon 5y ago
    It's not a lot of money in San Francisco, where you're fighting with every tech company employee for housing
    • rkk3 5y ago
      Do you have a quantitive way of making the distinction of what "a lot" is? 150k is substantially more than the average SF household, and is about 83 percentile for individuals. https://dqydj.com/income-by-city/ https://dqydj.com/income-by-city/
      • bobthepanda 5y ago
        Average home prices in SF is 1.3M, so a household of two teachers would give them a P/E ratio of 5. The P/E ratio for the average US home is 4.4. Are teachers overpaid, or are people in SF underpaid relative to the value of a house?
        • kesselvon 5y ago
          a P/E ratio of 4.4 is nuts. The fact that we normalized that is wild. Same for committing 30% of net income to housing.