Assuming you bought a whole back and have $1m equity, You could sell your $1.15m house and take 4% a year or $40k from that for doing nothing. You just need to live in a sensible location and let SF die.
Who is giving you 4%? Subtract taxes and you've traded a nice city for a life of poverty because chances are finding a new job at a similiar salary is almost impossible.
> You just need to live in a sensible location and let SF die.
Please let SF die so I can buy some affordable real estate there. Thanks!
Seriously though. SF’s problem is that it is too crowded. If people left, then it would be less crowded, an equilibrium would be reached eventually (if you believe we aren’t at one already).
