In parts of the Bay Area, $105,350 is 'low income'

>In parts of the Bay Area, $105,350 is 'low income'

>If you're among the Bay Area residents complaining about the rising costs of living, here's another report to solidify that view: In parts of the Bay Area, a six-figure income qualifies as "low income."

>That report comes from the U.S. Department of Housing and Urban Development, which helps determine who's eligible for subsidized housing.

>In HUD's latest numbers, San Francisco, Marin and San Mateo show that an income of $105,350 for a family of four can be counted as low income. In those same counties an income of $65,800 is "very low," while $39,500 is "extremely low."

>In other areas such as Alameda and Contra Costa counties, $80,400 is considered low-income for a family of four.

sfgate.com/bayarea/article/Bay-Area-low-income-105k-hud-11094978.php

===

Have landlords gone too far this time?

What do you think about this?

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dailymail.co.uk/news/article-3511431/Inside-eight-foot-bedroom-pod-built-San-Francisco-apartment-s-equipped-sliding-door-LED-lights.html
youtube.com/watch?v=10hRo2XEiKI
twitter.com/SFWRedditImages

move

In Lithuania minimum wage is about $4000 a year.

In most of the Bay area that's pretty low. A fucking trailer on a small chunk of land costs 500k here. Shits fucked to.

my computer cost more than that holy fuck

After taxes in Cali, $105,350 is about 50,000 at best to live off of, now factor in the insane cost of living at you are fucking are not saving a dime let alone house, car, and tuition payments.

Something should be done. These shits retire and move to less areas and ruin them. Look at what's happened to Florida.

But do you know how to skin a pig?

I visited once, I looked up how much housing cost close to fishermans wharf I could buy the nicest fucking condo on the beach back home (florida 727 area) for a small and I mean small fraction of what one of these houses cost

>After taxes in Cali, $105,350 is about 50,000 at best to live off of, now factor in the insane cost of living at you are fucking are not saving a dime let alone house, car, and tuition payments.

Edit
>After taxes in Cali, $105,350 is about 50,000 at best to live off of, now factor in the insane cost of living there and you are definitely not fucking not able to save a dime let alone house, car, and tuition payments.

Why do we even live in this shit hole?

This. The middle class gets fucked so hard senpai these are the real trickle down spenders. Half of your income goes bye bye here in CA. Not to mention sales tax around 8% on most purchases, and the gas tax just increased.

Skippy?

Bay Area is really bad at the moment. My friend moved out of here to the mid-west and he is able to easily rent a large house out there for the same money that would probably not even get him an apartment here.

24k netto euros in german are already pretty good


wtf burgers

Because we love our country or some shit.

Californians deserve all of it and much worse for being dumb fucking commies.

>what is cost of living
>what is purchasing power

a 24k netto german has more disposable income and more purchasing power than a San Fransisco Silicon Valley Nigger with 100k who has to pay 80k for rent and the cuckold tax

we don't want to abandon (((friends))) and (((family)))

Because hand me down technology from a decade ago is still pretty sweet.

Today's electronic garbage was impossible technology 15 years ago, and we all still had fun back then. You aren't living a worse life, just a life in 2002.

The funniest part about this is the income tax is not adjusted for cost of living so all of these retards are stuck in upper income brackets even though they live like 3rd worlders

>How small is too small? Inside the 28 sq ft, $500-month 'pod' an illustrator built into his friend's San Francisco apartment
>Peter Berkowitz, 25, constructed a tiny bedroom pod in the living room of his friend's San Francisco apartment
>One bedroom apartments in the city rent for $3,500 per month compared to his $508 per month to live in a pod
>The pod is equipped with a fold-down desk, cushioned backboard that's slanted and LED lights for reading
>He believes pods can provide a 'needed fix' for people who want to add a bedroom to apartments without rent rising
>His eight-foot-long pod is also equipped with a sliding door and has room to store his books and clothing

dailymail.co.uk/news/article-3511431/Inside-eight-foot-bedroom-pod-built-San-Francisco-apartment-s-equipped-sliding-door-LED-lights.html

I live here, since birth.
Bought rental property in the 90's.
Retired at 55, home is paid off.
Kind of happy about the way things are going.
Feels like being a greedy Jewish landlord...without the Jewish part.

and then there's this faggot

In Russia it's $1800 a year...

Yeah but sadly our country doesn't love us back.

>abandon
lol drag them too

wtf are you talking about yankee?

Fuck off Shaquil.

>The funniest part about this is the income tax is not adjusted for cost of living so all of these retards are stuck in upper income brackets even though they live like 3rd worlders
I think you have a point here senpai how can anything be done?

finally some good news

I wish my family kept a lot of the properties they had in California. My Great Grandfather had an 80 acre horse ranch out in Santa Barbara but sold it for peanuts practically. The shit house in LA my Grandma lived in that she payed like 10 grand for is now worth a million. Jeez... A house in Inglewood of all places is about 600k.

>Have landlords gone too far this time?
Nah landlords have little to do with it, they'd love to make millions on the dumps they own. The locals voted to make it illegal to destroy shitty old shacks because muh history so it's impossible for high density housing to be built. They literally voted to live in a shithole and pay out the ass for the privilege.

Eliminate the Federal income tax

>$508 per month to live in a pod
That is some next level shit, this goes beyond even a cuck shed, this man build himself a cuck pod and he "only" has to pay $508 for what is basically a glorified 2,6 sq meter bed. I am a hilarious idiot, but I will never be that dumb.

Bay Area dweller here. Family of 4, we get by just find on 145k combined.

And taxes aren't that high, we pay maybe 40k between the state/feds on our income.

...

>e get by just find on 145k combined.
If thing are so great why does your wife have to work?

Yoga girls are the biggest farters.

I would rather live in Lithuania, the land of my ancestors, than America.

Commied

She works part time. Mainly so she can still get benefits: insurance, pension, etc. We could comfortably live off my income, but it would require some changes.

>>>/reddit/

what do lithuanians think they are missing out on?

do you have access to good food and clean water? are your women fertile? do you have forests and rivers and mountains?

wtf is the problem. european cars peaked in the 80s, if you lived in a nordcuck country they wouldn't even let you drive the best cars ever made. best computer games are in the 90s early 00s, you can run that shit on african hardware.

CA is still a shithole, and trending towards a 2nd world country, but it's not as bad as anons say.

It has at least another 10-15 years before it turns into Brazil.

No you would not.

>but it's not as bad as anons say.
Do you actually live here?

>paying for the "privilege" to live in a $500-month cuck-shed

Yeah. In the Bay Area since 2008.

wanting to make something a better read and more understandable...
>le reddit meme
k...

>be software engineer
>working in silicon valley
>really successful job making 6 figures salary
>still fucking poor, single, childless, and living in a shoebox living paycheck to paycheck

This is the future you chose. Once demographic replacement kicks in and the marxists gain full control of the government, all US cities will be like this. Places like NYC and San Francisco are just the canary in the coalmine. Our future is techno-feudal serfdom. Couple of rich kikes at the top. Everyone else living as a pauper, even in high-skill 6 figure jobs.

$140k family income here, public schools all around us are pure shit and private school for our 3 kids costs $20k/year.

Comparatively, our mortgage is low at $1,600/month for 1800 sqft, but we bought about 18 years ago when things were low. I would like to move, but we have a large family and they keep us anchored here.

Reminder that cuckshed apartments are a form of white genocide. This is the sort of shit that keeps the white birthrate down. Is anyone going to be able to get married or have children when you're living in a cuckshed in sanfran? No.

Fuck you, you liberal shill.
Your Jew owners caused this shit, now you deal with it.
105k dollars should be enough to last you 4 years of cost of living, but you wanted to live in a progressive city. So you're paying for the brand name.

Hope it was worth it.

I live in TN, where 30k is considered meh tier.
If you made 100k, you'd buy you a house every single year and just live off the rent money.

You are half right, there is still industry there, but if you don't think white flight and industry are leaving you are not paying attention... only people going to cali are degenerates who go to Hollywood/Babylon and illegals.

I feel your pain. Our kids are young, 2 and 4, but I think we'll homeschool at some point for the same reason.

Faggots get out
OUT OUT OUT

The landlords are foreign speculators, largely Chinese and middle easterners, who are trying to gentrify the middle class out of the area so they can launder money and push a communist agenda for the rest of us. Not even kidding.
One of the houses identified as Eric Clanton's possible address in Oakland sold for 295,000 in 2009 and sold again for 1.6 million in 2016. In OAKLAND. Oakland is a shithole.

This is my home. Maybe the 3rd world people should leave first.

>27% in total taxes

Wow what flat out lie.

>Bay Area dweller here. Family of 4, we get by just find on 145k combined.

You don't see the problem here? If your family is bringing in $145k, you should be doing better than "just fine". That's the sort of income where you're supposed to be able to have a main house and a nice beach house and be able to pay for college for all your children.

I'll dig up my return from last year, give me a second.

Exactly the same in the UK, yuppies in London started complaining when a Labour politician said that people who earn over £70k (~$90k - top 5% of earners) were 'rich'. It's a fair point though, because housing in London is fucking ridiculous. For what I pay for my shit shared flat, I could get a mortgage on a full house to myself in most areas of the north. London may as well be a separate country really.

All memes aside, the bay area is paradise desu.

are you including sales and property taxes?

We could live a lot larger I suppose. Even so we take 2 weeks in Europe a year, I ski 10-15 days a year. And we still save so our kids can go to college without debt.

Income/payroll only. We rent, so no (direct) prop taxes. Sales taxes are low considering we don't buy a lot of stuff and groceries are untaxed.

if you can't make at least $105k/yr in the current calendar year then you are a subhuman and have no one to blame but yourself

even the "cash me ousside" girl just became a millionaire at the age of 14

get it together, cucks

>In parts of the Bay Area, $105,350 is 'low income'

>tfw you can't wait for this bubble to burst
>tfw when it all comes down, greedy jews who invested in realty to jew tenants out of mucho dinero stand to lose most of their investments
>tfw on the way there, life in those high prices quarters will become ever more uncomfortable as groceries close and burglaries rise

perhaps you are not (exemptions like being a student), that is crazy abnormal for Cali, so i don't really believe it.

>We rent
So you are not doing that great

...

It's a positive feedback loop though. because its the liberals' policies that cause things to be so retardedly expensive in the cities in the first place.

classic example of this is rent control. All rent control does is allow early adopters to get by living in luxury suites for pennies (and the people who get to take advantage of this are usually the richfags who don't "need" rent control in the first place). And because landlords are losing cash on these rent controlled apartments, it forces them to compensate by raising the prices for everyone else trying to rent. Which, generally speaking, are the lower income people who the rent control was allegedly supposed to help in the first place. Just an example of liberal bullshit fucking everything up. It's why cities like SF and NYC are so expensive.

>florida 727 area
ofc buying dumpster land is cheap
supply and demand, negroid

never understood which rich people complain about anything. it's pretty disgusting, compare them to some poor schlub in north dakota who lost his job and has to live in a trailer and government food stamps.

oh no rent is so high!

why don't you fucking sleep in a hostel then? wtf do you need fixed accomondation for in this day and age:
work in silicon valley
take home 80k
live in hostel or a van (1 dollar a day)
spend 10k a year on fun
5 years you made 350k and can go buy a mcmansion in texas and do homesteading or something.


living in a city you're probably almost never at home and eat out often. so wtf are you paying for? storage for your junk?

2015 MAGI: 113,000. (36k in 401k contribs)

effective fed rate: ~13%, state: 7%, + payroll taxes = about 27%.

>make $145k/year
>still have to rent an apartment

you still don't see ANYTHING wrong with this?

Also, are you and your wife white? I'm assuming either both of you or at least your wife is asian, and you probably have little happa elliot rodgers.

>(((Berkowitz)))

Kek. Jews are suffering to

So the commie economics/laws make it that they can't build sky-high living apartments?
Well good to know socialists get fucked over by their own methods, probably also a lot of taxes go to nigger/mestizo gibs?

I am 36, live in London and earn 23,000 per year. Please help me

>never understood which rich people complain about anything. it's pretty disgusting
I dont like seeing my state and country turn into a third world shithole

> 2017
> Doesn't live in a truck on the parking lot
Git gud

> A software engineer for Google saves money by living in a truck in the company’s parking lot.
> Earlier this week a tech employee wrote in Quartz about sleeping in a 1969 VW Microbus to avoid exorbitant apartment prices.
> Others have taken up shelter in backyard tents offered on Airbnb, which still go for hundreds of dollars a month.
youtube.com/watch?v=10hRo2XEiKI

>live in hostel or a van (1 dollar a day)
No.
You can't get proper sleep in those places. And you definitely need proper sleep if you work hard and long.

if trump would kick out all these H1-B shitskin slaves then things would improve over night

silicon valley is scared as fuck about this

consider living in a van and travelling up and down the country doing odd jobs. diesel van is economical enough for you to simply double your income due to high demand for labour and massive shortage.

Jews are not adverse to letting their own propaganda affect their fellow kikes, just so long as it effects the goyim even more.

The jews who get caught up as collateral are merely part of the "whole burnt offering", aka holocaust.

Wife is Russian/Anglo mix.

I don't see the ideological need for a house. Sure it'd be nice, but what we have suits us fine.

I think that I am pissed I have to move to that shithole for work this summer

I don't see the ideological need to work in a city so expensive that your six figure income ends up effectively being no better than someone making 40k anywhere else in america.

>proper sleep
look at this faggot princess

>muh proper sleep and muh clutter and knick knacks

Makes sense. No honor among criminals.

Greece minimum wage 450x12€
Doctors 1000€x12
MPs 4500€x12
Ministers 7000x12

We save enough money to possibly retire (outside of CA) in our 40's. We're much better off than average.

and feudalism in form of basic income, making unemployed masses dependent on rich aristocracy.

>145k
>we get by
now that's commieposting

*affects

not sure how you fucked it up 1/2 times here

>make 150k
>share 300sqft apartment with 2 people
California is literally a meme.

Min Wage in Brazil: 3810.61 US Dollar

Leftist government also makes employers pay 13 months every year. So we can buy Christmas presents to our nigga children.
So if that was 12 months it would be even lower.

Gay

No, you're a little better off than average. Which is sad when you're making 145k.

You're not addressing the point. You live in a city that saps away the vast majority of your wealth and results in you living in what is considered _ANYWHERE_ELSE_IN_AMERICA_ the standards of someone making like 40k.

Funny fact is that an average wage is roughly about 2,5x times of minimum wage. while in UK he number is about 1.5. Not to mention of shadow economy, meaning that vast majority of minimum wage earners get some unofficial bonus in envelope, often exceeding official salary. Still, you;re making a point, Lithuania is a bit of an excrement hole. But not that big, still could be better tho

I am an office administrator. I won't be using van to drive to the office. Besides I can't drive

>be CS grad from Bay Area
>get job as a programmer/analyst for 60k
>literally can't afford to rent an apartment near where I work
>have to rent a room out of someone else's apartment for 2/3rds of my paycheck
>no access to kitchen or fridge, living off cooking meals in my rice cooker

Tfw I have the same quality of life as a NEET except I work 8 hours a day.

As soon as I finish getting 2-3years job experience I'm moving down to San Diego.