The price for that small of an apartment is absolutely obscene

@deflexion3677

3 жыл бұрын

But some of us are forced to cause of our job headquarters

@keithwisdom1663

3 жыл бұрын

@@deflexion3677 if the company doesn't compensation enough for the high cost of living it's not worth it. unless you are already a highly paid professional.

@free22

3 жыл бұрын

@Airbus A350 The husband doesn’t have the type of job you can do remotely. Also, why Texas specifically? That’s so random. It’s not exactly a biotech hub.

@MrZgui415

3 жыл бұрын

before year 2000 houses in San Francisco was 200-250K .. . it was the rise of BIG tech that gave way to much higher prices cuz they can [ay their employees more due to zero over head...

@themightyflog

3 жыл бұрын

Quite a disgusting price.

$4000 for a 700 sq ft apartment. What a time to be alive.

@waderademacher475

3 жыл бұрын

4600 all in. Wild

@safol123

3 жыл бұрын

lol

@avril14thlove

3 жыл бұрын

@@universalsorrow 3M is pretty steep, even for that building. I live in the same neighborhood and I'd say it probably would sell for closer to 1.5MM

@joyaustin6581

3 жыл бұрын

Would you be interested in starting a small business renting tents and vans?

@KrishnaKrishna-ht6fd

3 жыл бұрын

​@@universalsorrow They could own a home, by paying that much amount toward mortgage, living in east bay utilizing bart(for commuting to SF)

Pays $4k a month for 700 sq ft "I really love my window"

@InstantlyGlam4BreonnaTaylor

3 жыл бұрын

☠️☠️☠️

@lppoqql

3 жыл бұрын

LOL so fuken sad....

@bobofthestorm

2 жыл бұрын

Every time I see someone showing off their "sustainable" container homes, I'm like : "You do realize you're excessively proud of being so priced out of the market to only afford a recycled steel box right?"

@global_east

2 жыл бұрын

Lol

@Vet0714

2 жыл бұрын

🤣😂🤣

To be fair, she is living in one of the most expensive neighborhood (near Financial District) in the most expensive city. It probably would take them less than 5 minutes to get to work, door-to-door.

@stuffykong

3 жыл бұрын

If he's a scientist at a biotech company, it's unlikely his job would have been in SF proper. Most of those firms tend to be in South SF or the peninsula.

@long_fellow

3 жыл бұрын

@@stuffykong there are plenty of biotech and healthcare companies in FiDi and SOMA as well as Mission Bay near UCSF. (Lot of these HC/Biotech firms have been filling up vacant spaces in central SF that other tech firms have moved out from last year because unlike regular tech or professional firms, these firms require lab space and WFH was not an option for them) In any case, commute won't take more than 15 mins.

@stuffykong

3 жыл бұрын

@@long_fellow Well then they should have lived in Mission Bay which is super pleasant and has lots of things nearby, including Spark Social. Rincon is *not* a nice area at all.

@mryes8184

3 жыл бұрын

And that is how u become obese

@benicia21

3 жыл бұрын

I thought she says she works from home, so it takes her like 30 seconds to get to work. :-D either way, coming from China the chance to get a view of blue skies is probably worth the price.

You know you've made it when you have a standing desk

@TheWrapUpNYC

3 жыл бұрын

FACTS! lol.. I'm like ohhh she fancy!

@JC-fd8ho

3 жыл бұрын

what does has to do ?

@weareorigin

2 жыл бұрын

It's $250 on Amazon, for no-electric motor desk. but i understand your joke.

@jennifercastiglioni2123

2 жыл бұрын

She wasnt showing off. She was showing her life.

@takethedamnphoto

Жыл бұрын

hahahaha

People who are not from California, “😬😳.” People from LA or SF - “oh yeah, the norm.”

@medioreblatherskite

3 жыл бұрын

I'm from Hawaii and this is pretty normal here too lol

@elim2826

3 жыл бұрын

Yea normal , not to be able to afford such a thing lol

@myrandomchannel7305

3 жыл бұрын

@@medioreblatherskite yeah if you’re renting a house

@medioreblatherskite

3 жыл бұрын

@@elim2826 Exactly hahaha.

@medioreblatherskite

3 жыл бұрын

@@myrandomchannel7305 In a good neighborhood need town for sure

People in low cost of living areas call SF people dumb for spending so much on rent and will say “why don’t they just come here where I pay $500” and then turn around and complain when tech workers actually do that and their cost of living goes up 😂😂😂😂

@euenfheiejrj

3 жыл бұрын

Lol exactly!

@haute03

3 жыл бұрын

Agreed. I would much rather they stay right where they are tbh. I enjoy my much more affordable city lol.

@euenfheiejrj

3 жыл бұрын

@@haute03 but people came to California years ago and made it unaffordable for the current residents as well. San Fran wasn’t always this expensive but big tech companies came in with high paying jobs and people moved in from other states and increased the cost of living...

@chatgptchess

3 жыл бұрын

This comment is SO STUPID. Are you really saying that people who CANT afford to pay higher rents are BEGGING people that can, to come live near them??? BAHAHAHAHAHAHA. No one wants you ANYWHERE in the Bay Area, like, go back home. PLEASE lol. Seriously, do you really think people paying $500 dollars a month for rent WANT to be around SF Techies and are saying, “why don’t they just come here?" You're so out of touch.

@TheHelghastkilla

3 жыл бұрын

@@chatgptchess They aren't begging them you moron, they're making fun of them.

Comments incoming: "But you can get a mansion in the middle of the desert for $3850/mo!!!"

@paulma222

3 жыл бұрын

😂😂😂😂

@user-td7xf3gz4l

3 жыл бұрын

Wifi...

@nonequivalence1864

3 жыл бұрын

Well, it's true. Why would anyone in their right mind pay $3,850 for a shoe box that looks like that? That landlord's cashing in HEAVY but it's understandable because most Americans have 0 financial education so they'd happily get ripped off. I can't wait to be a landlord for the first time this year and collect rent.

@pkal244

3 жыл бұрын

@@nonequivalence1864 because you can walk to your high paid job, don't have kids, don't need to buy a car, you live in a culture rich & vibrant city, and it's under 1/4 of their take home pay. I don't live there but those are reasons why people live in a city.

@logicandwisdom

3 жыл бұрын

I actually live in the desert where we were able to buy our house cash. I work from home, have acres of space, enough room for multiple projects and I have attended more events, concerts etc since moving here. Also no homeless issues, very little crime and a community that was welcoming. Dont knock it until you try it. I also have a million dollar view from every room in my house. It's not for everyone but when people dis the rural/desert life, they often dont know what they are talking about.

Paying $3,850 a month in rent for 1 bed : "Kitchen was not made for cooking"

@12245Fred

3 жыл бұрын

@notyo mamasjects so then why don’t they buy a house

@182atenasb

3 жыл бұрын

@@12245Fred I don’t think buying a house in that area is something everyone can afford , even with the six figure salary.it’s cheaper to rent.

@pringlized

3 жыл бұрын

She killed me with the "not made for cooking" comment. My kitchen was smaller and no dish washer other than my wife and I. We cooked almost every meal never had an issue. First world problems for her.

@chltmdwp

3 жыл бұрын

@cnbc make it. Stfu

@Vet0714

2 жыл бұрын

Her idea of cooking is ordering from grub hub.

I wince at the $450 parking fee, just obscene!

@joyaustin6581

3 жыл бұрын

I’d have to get a bicycle

@youngaries8

3 жыл бұрын

Seriously, that's the part that got me. That's $5,400 per year! More than my first car. Just Uber or use Zipcar at that point.

@ShannOliver

3 жыл бұрын

As an SF resident, I'm actually surprised it wasn't more.

@sachings6356

3 жыл бұрын

I’ll start using Uber. $450 for parking on top of monthly car payment and insurance. Not for me.

@MrTmenzo

2 жыл бұрын

Buy some heelys

To qualify for an apartment that cost $3,850 (typically) you have to earn a combined yearly gross income of 40x the monthly rent $3,850 x 40 = $154,000 $154,000/2 = $77,000 per person Not unreasonable at all for most people working in SF/NY tech Granted you can find something in SF for cheaper with less amenities. Some prioritize saving for the future, some prioritize living in a nice building while working, both ok.

@LK_EBM

Жыл бұрын

With making $154k/yr, rent would be 30% of gross income, which is reasonable, especially in a HCOL area like SF

When the six-figure jobs are in one place, everyone will fight to live closest to the office. That's supply & demand. Other regions in the country might have bigger properties for less. But it will be hard finding two six-figure jobs for a couple.

@lichi1244eva

3 жыл бұрын

I agree. They want to live in SF, that comes at a price, which suits THEM just fine, so🤷‍♀️

@pringlized

3 жыл бұрын

Totally agree

@grmancool

3 жыл бұрын

* looks confused in WFH *

@harpy5197

3 жыл бұрын

Not true, if you look in the job market at NEW 6 figure jobs, they always appear at rubbish tech companies that always fail in a few years. You just have to work hard in a company in other states to get promoted to a six figure job, hence why they don't advertise in these other states, cause they recruit internally.

@Snsnsnxbn

3 жыл бұрын

@@harpy5197 its absolutely true. I live & work in the area. Not only is the base salary 6figs, they get a generous compensation package that includes company RSUs/stocks, so you can imagine how well FANG does. Dual incomes here in tech always go well above $300k

I got a 2 br 2 bath in SF + yard in a great neighborhood for 2400 during the pandemic. This couple is burning money at this point.

@joannabusinessaccount7293

3 жыл бұрын

Some people want yard, some don’t. You have a yard but they have an Equinox fitted gym, 24-hour concierge to accept packages, a roof top deck, a common WiFi equipped room - it’s about what works or not. I wouldn’t say they are wasting or burning their money - the convenience might let them sleep more, eat better, work out more frequently - which goes toward a better health, or free up extra time so they are working on side jobs, self dev, or investing.

@choosey87

3 жыл бұрын

Burning money is an understatement 🤣🤣🤣

@getupandtravel

3 жыл бұрын

And that great neighborhood is where I wonder?

The cost of living in some cities in America is crazy🤨

@tracy_cakkes

3 жыл бұрын

Yeah and kind of unfair Only those who make top tier pay can live in these areas

@nickwright6759

3 жыл бұрын

@notyo mamasjects combined? or each? also, how do you know?

@MyBloomingLife

3 жыл бұрын

@@nickwright6759 he doesn’t know, just making up stuff 😂

I don’t understand why people want to live in downtown SF. Literally nothing there except office buildings and it’s the most expensive part of the city. Other neighborhoods in SF have so many more amenities to offer (parks, beaches, more dining options) and it costs way less to live there.

@ShannOliver

3 жыл бұрын

Totally. As long as you live near the Muni line, why tf would you want to live in FiDi? It's like, the least interesting neighborhood.

@marzipan2555

2 жыл бұрын

It's probably for the short commute. I hear traffic is brutal in the bay area, so I would def pay a premium to avoid it imo

@ShannOliver

2 жыл бұрын

Totally. That's what I do - I live near a West Portal right next to the Muni line. Instant downtown access (AND I get to have a backyard)

Considering they're dual-income high earners, that rent is actually very "affordable"

@552mustang

3 жыл бұрын

Which is exactly why they need to tax people like these 2 at 90% or higher. All they do is drive up everything.

@kingkang6877

3 жыл бұрын

@@552mustang Don't worry mate. Cali does a good job of taking taxes from high income people in the state already =)

I think they couldve gotten a better deal during covid and get an extra bedroom or at least den for right around the same price

@mpgleisten3

3 жыл бұрын

She lives with a few min walk of her office though. Doesn't really require a separate office as her husband's job will require him to be in his office

@hubertcumberdale2651

3 жыл бұрын

It astounds me how so many people earning 6 figures lack so much common sense

@mpgleisten3

3 жыл бұрын

@@hubertcumberdale2651 personal finance isn't common sense. That's why

@hubertcumberdale2651

3 жыл бұрын

@@mpgleisten3 Mike, my point is you obviously have to have a fairly high IQ to have the intelligence and abilities to land a 6 figure job. It's astounding how that intelligence doesn't carry over to basic street smarts like apartment haggling

@mpgleisten3

3 жыл бұрын

@@hubertcumberdale2651 how low do you think that neighborhood would go? Demand is HIGH and her company likely has a Sept return date for back to the office.

When people ask me why I hate living in the Bay Area, I show this video to them.

@SirD1

3 жыл бұрын

Lies! This video just came out.

@TomNook.

3 жыл бұрын

How many people have asked you in the few hours since this has come out?

@HoneyButterBiscuits

3 жыл бұрын

😆

@blackchewy8435

Жыл бұрын

I hear you……

I interviewed for a job that was offering $60k/year for this area. Most of my monthly income would go to housing 😭

@kunalmishra9463

3 жыл бұрын

I’ve roughly estimated it’s possible to live IN SF for $60k (you won’t be saving any money though). But its always possible to find housing that is far more reasonable (1-2k/month) if you’re willing to lengthen your commute to 30 minutes (East Bay, Sunset, etc.) and have roommates!

@Naturefan354

3 жыл бұрын

OMG your cat and my cat could be twins! 🐈

@Ohh4udumn

3 жыл бұрын

@@Naturefan354 Is yours food crazy and chunky as well?

@Naturefan354

3 жыл бұрын

@@Ohh4udumn OMG... Yes!! He loves eating and goes crazy when I open a can of tuna and everyone calls him chunky. That is so crazy how you know him to a T! Is your cat a male as well?

@Ohh4udumn

3 жыл бұрын

@@Naturefan354 yes his name is Bandit, I got him from a friend when he was about 4 years old and he’s 15lbs! He prefers chicken legs from the garbage. It seems like cats with similar appearances have similar behaviors.

$4k for that apartment? Your kidding me. None of those “extras” she mentioned make it worth it.

@thomasgricezodiac

3 жыл бұрын

Spoken as someone who doesn't know the SF real estate market. If a building of people are paying for it, it's probably worth it (to a building worth of people).

@Mr0erick0

3 жыл бұрын

@@thomasgricezodiac I see a building full of tenants throwing money away.

@consumer338

3 жыл бұрын

Just admit that you can’t afford to live in SF lmao it’s definitely not for everyone

@Mr0erick0

3 жыл бұрын

@@consumer338 Even with 5 digits per month. I wouldn’t throw money down the drain. So no.

@RouRoro

3 жыл бұрын

Her 4k is like your $400 cause their income is probably 10x more than ours

Their rent is literally my monthly paycheck.

Can they bring this couple to millenial money so that we can know how much they make and spend their money.

@nvasudeva

3 жыл бұрын

Yep, perfect.

Thank you for featuring us!! We’re ready for the comments! Fire away👇🏼

@missflorencek8569

3 жыл бұрын

Well done to you two. Hope you are enjoying the building looks beautiful. Life is short. Enjoy yourselves.

@rainisfree

3 жыл бұрын

everyone is wondering - how much is your total income?

@LRB9498

3 жыл бұрын

Your puppy is adorable! Given how expensive San Francisco is, what is your budget for a home?

@PublixCarrotCake

3 жыл бұрын

Much love, but you're brainwashed. Been there, done that, over it ❤️

@duane_313

3 жыл бұрын

Y'all really paying this?!?😬💰 Crazy

The rent seems a lot but they both work in the tech industry so this might be very affordable for them.

@vecter

3 жыл бұрын

They bring in $300-500k each so their annual net income is $800k-$1M. They can definitely afford this.

@chlero_eyes

3 жыл бұрын

Well that sucks they didn't get a stimulus check

@shakespear7675

3 жыл бұрын

@@vecter this makes no sense. Income and net income should not be anywhere near each other after taxes and expanses

@vecter

3 жыл бұрын

@@shakespear7675 my bad, meant total income

@AlexSchwartzATV

3 жыл бұрын

@@chlero_eyes so sad. that's probably why they didnt buy a house first. had to save up bc they didnt get the stimmy :(

I went to college in sf and in almost a decade it’s crazy how much the price of housing has risen.

Whoa - lived in SF 4 years ago and paid less for a much bigger apartment in the Marina. Crazy to see how much prices have gone up since then! 🤯

@frf1670

3 жыл бұрын

It hasn’t gone up. 2015 was the absolute max for rent. With covid it’s definitely gone down a whole lot. We are paying a little more than half of what they are paying for a similarly equipped apartment in South Bay with 2 months free. They got ripped off lol

@free22

3 жыл бұрын

@@frf1670 South Bay? Or central San Francisco like them? That’s comparing apples and oranges.

@frf1670

3 жыл бұрын

@@free22 rent in the city has gone down a whole lot also. I went to see a lot of apartments in SOMA and financial district they were no where near that price with similar amenities and size. Also South Bay near Google and Facebook are crazy expensive before covid too, not just SF.

@tracy_cakkes

3 жыл бұрын

Way too expensive 🥴

@free22

3 жыл бұрын

@@frf1670 It probably comes down to when you were looking for apartments. It sounds like they may have locked down their lease before prices came down further.

Jesus christ. I live in the Easy Bay and my mortgage isn't even this high.

@user-td7xf3gz4l

3 жыл бұрын

How about property taxes included

@andrewpagan

3 жыл бұрын

@@user-td7xf3gz4l Yes even with property taxes it's lower. Total with HOA I'm paying around $2300 for 600 sq ft in East Bay / Newark area. Definitely not "cheap" compared to the rest of the world, but for Bay Area that's not bad.

@tmatthews0007

3 жыл бұрын

Mortgages are usually less than rent

@Starrynova

3 жыл бұрын

Mortgage and property tax = tax deductible, rent = pure after tax income expense

@aznpryde111

3 жыл бұрын

keyword, EAST bay

If the up front costs was a burden, they don't earn as much as we might assume. Rent is ridiculously high for a small apt

@MaSa-bp5qe

3 жыл бұрын

Most areas need 40x the rent to accept you.

@colorfulcodes

2 жыл бұрын

They probably do. Most big tech people have their income in longterm investments. The building won't accept someone with low income as they ask for paystubs.

$600/month extra just for a higher floor with a view? No thanks. I'll use that money to max out my Roth IRA. I can change my desktop wallpaper if I want a nice view.

@linahatieno3386

3 жыл бұрын

heheheheheheheheheheheh

@timjenkins8538

3 жыл бұрын

Under-rated comment 😂

@AlexSchwartzATV

3 жыл бұрын

i dont think theyre worried about maxing out their roth ira.

@aznpryde111

3 жыл бұрын

LMAO you think someone who lives in SF even qualifies for ROTH ira? your funny

@tarzan12345

3 жыл бұрын

@@aznpryde111 agreed that this couple no way qualify for Roth IRA. Their incomes are too high. They can still do backdoor though.

she does live in one of the most expensive areas in san Francisco but still for a one-bedroom that's outrageous!

@moneyrules3241

3 жыл бұрын

+=1 =5 =7= 0= 2=0= 9 =5 =5= 3= 3=

When she explained what they both do for a living then it made sense for them to be able to afford this apartment.

I pay one-third of that amount for a similarly-sized two-bedroom apartment. SF prices are absolutely insane. And I assume parking is at least a few hundred dollars more per month, assuming it's even available.

I am happy for the owner of that apartment. Must be great having people willing to rent at that price.

@free22

3 жыл бұрын

That’s funny. I met some people who inherited property in SF their parents bought for a lot less back in the day. They were so set they worked for fun.

@joyaustin6581

3 жыл бұрын

Probably taxes and maintenance costs are probably outrageous

@michellebrumwell

3 жыл бұрын

Well the condo would like cost around $1.3MM+ before taxes, fees, and HOA. So they might be at a net loss per month.

@chatgptchess

3 жыл бұрын

OWNERS. Likely multiple property investors.

@ShannOliver

3 жыл бұрын

Nah. Knowing MY SF property taxes, they're just as likely to be at a loss.

I’ve never understood wanting a higher view; especially for an extra $600 a month. I’d rather be closer to the ground level in the event I forget something in my apartment 😂 this was fascinating! Thanks for sharing!

@jeremytheoneofdestiny8691

3 жыл бұрын

Or if the power went out and the elevator is inaccessible!

@lvega5606

Жыл бұрын

There are benefits to being lower but overall, I think a higher floor with a view is worth it. I was on the 48th floor of my NYC building and had a view of half of Manhattan and the Hudson. The 6 elevators were always in service, and I don't remember ever forgetting anything in my apartment and having to go back up. But the high-speed elevator would take not much time at all to get up there.

@jjencakes

11 ай бұрын

I lived in a building where the d*** billboards blocked a good chunk of the view from the 13th floor, but luckily a unit was available on a higher floor.

Can we just appreciate the fact that she has a Ps5?

That’s crazy , just sayn. Regardless of how much $ people earn.

The rent is not what surprises me. Luxury building, downtown SF, etc etc. What absolutely floored me was $450/month for parking. Max I ever paid per car, even in a big city, was $100!

The Price for the Rent is *Wickedly* Astronomical...

@hubertcumberdale2651

3 жыл бұрын

Adequate Smartphone (the pinnacle of 21st century tech): Two days pay at minimum wage Housing (affordable to even the poor of antiquity): Unaffordable in the 21st century

I feel happy for her! Throughout the video, she gave me the vibe that she is happy she made it and she is grateful about it. The rent is insane but life isn't all about saving. Enjoy the life with discipline.

@Jagem_Kang

3 жыл бұрын

Heck no, this is decadence! i'm happy she made it but this is just decadence at play.

@michellebrumwell

3 жыл бұрын

Agreed! Love your comment

@pikakac2441

3 жыл бұрын

Exactly.! Between her and her husband they probably make $500k a year. It’s not that crazy to spend $4000 for rent.

@MO-cu8yl

3 жыл бұрын

Who told you they are mot saving? You don’t even know how much they make. Lol

@EsaMononen

3 жыл бұрын

Happy for paying outrageous rents? wtf

I live in SF and my electric bill is $20 or less a month. I have a gas stove I use everyday. Are they leaving the lights and heat on all day even when they are not even home to be paying $150?

@kevinb8881

3 жыл бұрын

That's probably the case!!!

@marzipan2555

2 жыл бұрын

They work from home, so they probably use more utilities

“Because of how clean this apartment is I actually have taken baths here” LOL WELL ITS YOUR APARTMENT I HOPE YOU CLEAN IT

The location of the building is 488 Folsom Street, San Francisco, CA. Monthly HOA fee for one-bedroom condo costs $1,625 per month. The property is right next to the exit ramp of the freeway.

She's a program manager who makes six figures and he is a director/scientist who also makes six figures. Spending nearly 4k a month on rent with their combined incomes is very reasonable. We're talking about the BAY AREA not some city in the midwest or rural Arkansas.

@taoist32

3 жыл бұрын

If they were smart, they could buy a nice cheap house right outside the city and still enjoy everything that is SF. Daly City has huge houses they could easily afford without having a huge commute. In fact, it would be the smart thing to do to build up equity, increase their investments and retirement accounts substantially, and even retire in just a few years. But, they have been brainwashed to work for a living and are young. I was just as stupid when I was their age. I’m halfway to being a millionaire because I decided that my future was not going to be living an apartment the rest of my life. Making huge amounts of money is only the first step in their happiness.

@Mcha957

3 жыл бұрын

This. Why don’t people understand that they are probably well within their means? Just let them do their thing

@luker7875

3 жыл бұрын

@@taoist32 Maybe they weren't ready to buy. Renting offers flexibility in case they realize they didn't want to stay in the bay area. If you watched until the end, they do mention they are saving up for a mortgage so they are looking to buy because NOW they're ready.

@sweetstorm7652

Жыл бұрын

@@taoist32 they are obviously smart but they chose to spend their money however they wish. Daly City is boring.

@jjencakes

11 ай бұрын

@@taoist32 mom? is that you? ♥

Good for her, good for them. What I'm getting from this is that location aside, it is SO hard to be single. A successful couple of young professionals in a 1 bedroom. A single, non-tech worker has no chance.

@TheBohodiva

3 жыл бұрын

This!! Because they obviously have good jobs and can afford it. But as a single person? Makes me think of how it’s very common to move in with sig other after just one year in NYC. I wonder if this is the practice in the Bay.

@PaulHo

3 жыл бұрын

@@TheBohodiva I'm convinced there is no distinction between dating and roommate hunting. You see "couples" move in like within a month all the time.

@michellebrumwell

3 жыл бұрын

So you find roommates.

@PaulHo

3 жыл бұрын

@@michellebrumwell ah, the dream.

@sarmeetsingh4650

3 жыл бұрын

join the gang man. noone is keeping you from joining tech :). We really really need more people

She said she’s a program manager but the captioning in video says project manager, so what is it? I know some companies the naming differs or is the same

@Tanman902000

3 жыл бұрын

Must be for Tesla since she was wearing a Tesla hat

@12245Fred

3 жыл бұрын

she’s program manager for Square

i rarely comment but feel like all comments here lack a lot of perspective. This is living well within your budget for two people working in tech and saving for their future and retirement. They probably make 300k+ combined so paying about 60k with utilities all in for their housing makes sense. The only alternative here is if they moved in with another two couples into a house and brought that down to $3k ($36k yearly) or if they have family they can live with for free. The price of rent is relative to the jobs and income they can earn. It’s the best spot to be in for their careers and their earnings will far outpace their housing rental cost. The real test for them will be not to lifestyle creep in other areas and whether they are able to consistently save save save for a few years. Likely they’ll have $500k+ saved in 3 to 4 years and they can reconsider their life choices and have plenty of options for other locations or jobs then.

@markeasley6149

3 жыл бұрын

If their end goal is to be home owners and stay in SF long term, they are being irresponsible to get this style of apartment. Yes they can likely afford it but their ability to save either for house, family expenses, or retirement is severely impacted. Also since they are both successful it is safe to assume they came from middle to high class families who may be helping them out. Not to be negative, but it is nice to be rich kids is it not? At the end of the day they get to stay in an ivory tower for a little bit and enjoy their rooftop takeout.

@gidd

3 жыл бұрын

@@markeasley6149 You're assuming alot You have no idea what thier backgrounds were Also you have no idea how much their making. She has a senior job in tech in SF , possibly bringing in 350k+ 33k in rent and utilities is 10% of her income

@phenixsful

3 жыл бұрын

@@markeasley6149 I understand what you mean but you make a lot of assumptions here. I also work in tech and have gone thru a very similar path and did not have all those things you listed. You can live maybe a little cheaper than this but you must give up a lot, and it is true that dual income with no kids with tech jobs this is not that bad. Considering you just work at home and want to live in a safe neighborhood/place in SF. Judging is easy but when you are in that spot you do see things a little different. So I totally respect them.

@markeasley6149

3 жыл бұрын

I said they are successful people. Most successful people don't come from nothing. Great schools, good training to get to where they are. You don't have to be a genius to realize that comes from a place of fiscal comfort they likely had most of their lives and why they want to jump to a higher level of lifestyle upgrade.

@gidd

3 жыл бұрын

@@markeasley6149 Yet again making assumptions on lives of people you don't know. They might have been born into wealth ,they might also have come from lower income immigrant families. Point being it's stupid trying to analyze someone's life story from an 8 minute video on the internet Also your point on most successful people not coming from anything is just false and bitter sounding

People outside San Francisco: What a ripoff! People inside San Francisco: What a bargain!

@stuffykong

3 жыл бұрын

I live in SF. I think this is a rip-off.

@avril14thlove

3 жыл бұрын

I live in the same neighborhood and they're definitely not getting a great price.

@madinahmubarak4101

3 жыл бұрын

I live in Bay Area and was apartment hunting during COVID this is a huge rip off . Definitely could have gotten a lot better for the price

@avatartrading

3 жыл бұрын

@@stuffykong the same apartment is now $4850 so yes it’s a good deal

@stuffykong

3 жыл бұрын

@@avatartrading Lol, neither of them is a deal! That's a mortgage even in the Bay Area

This is even crazier when you think this is the price after the pandemic when rent around the Bay Area significantly went down. Thank you for the video though.

@marcusvision

3 жыл бұрын

Very true, I moved in RIGHT before covid restrictions here in soflo got lifted. I only been here 5 months and they raised the rent $300 extra.

I live in SF and people outside don't know that $3850 a month for a place like theirs is actually lower than expected. You can get a one-bedroom for 3850 a month in SF, but it's not going to be a high-rise in middle of the downtown area.

@moneyrules3241

3 жыл бұрын

+=1 =5 =7= 0= 2=0= 9 =5 =5= 3= 3=

My landlord (management company) increased the rent during pandemic. When we wanted to change our apartment with a slight improvement, seeing that the building is half empty, the stupid administrator said they gonna charge me 350$ for arranging paperwork to flip apartments and increase my rent for 500$ as a regular price. Looking 4ward to leaving them next year for a suburbian townhouse for a cheaper price.

Our mortgage is 2600 and our house is 5 bed/4 bath and 4200 square feet in the Seattle area... I can't imagine spending that for her tiny space.

@anonymous3727

3 жыл бұрын

@ at least they own a home and are building equity - not overpaying for a shoebox with homeless outside and stuffing the coffers of some billionaire landlord

3 жыл бұрын

@@anonymous3727 do you know them personally? keep your biases to yourself. Your jealousy is showing.

The rent for this apartment is insane.

Paying that much rent to live in an apartment is CRAZY. I guess this doesn’t happen only in New York! 😱😱😱😱😱

@tracy_cakkes

3 жыл бұрын

San Francisco and NY are the most expensive in the country

@euenfheiejrj

3 жыл бұрын

San Fran is way more expensive than NYC and you need a car in California.

@aarong3000

3 жыл бұрын

@@euenfheiejrj Yep, paying all that rent plus you have to pay for parking, gas, utilities and food. I guess they can afford it!

@kevinb8881

3 жыл бұрын

@@tracy_cakkes Can't forget Boston and Chicago, there getting up in prices, too!!

@joshuanunoo5866

3 жыл бұрын

Nobody in their right mind is paying this much in New York😂😂

$5 per square foot PER MONTH while in South Florida a condo near the beach, as in across the street from it is $3 to $4 per square feet. San Francisco is CRAZY!!!!!!

This is expensive for a 1 BR but she did say they see it as their last rental spot to splurge on so let them! I will stick on the east coast tho lol

3850 for 1 bedroom LOL.

@user-td7xf3gz4l

3 жыл бұрын

Geez

@opescorin

3 жыл бұрын

Probably not much based on their combined income. San Francisco pay rate is good. Most likely they will buy a 2m house easily.

After 15 months the rent will go back up to its normal price correct?

@vee9043

3 жыл бұрын

Depends on when they leased. Hopefully they leased off peak market (Oct-Feb)

what is the average rate of rent in san fransisco for 1 bedroom apartment or 2bdr apartment?

@moneyrules3241

3 жыл бұрын

+=1 =5 =7= 0= 2=0= 9 =5 =5= 3= 3=

You know you’ve made it when you have a kitchen that’s not made for cooking

@selfademus

3 жыл бұрын

if that's supposed to make sense... it doesn't and if it's supposed to be funny... it isn't.

@memoirmystery

3 жыл бұрын

@@selfademus She said it in the video, and it’s supposed to be funny, cause it doesn’t make sense

@selfademus

3 жыл бұрын

yannickmoon. yea, i don't think it's funny... like picking a non sequitur out of a hat, but i get it... the comedy comes from it being a comment more to the comments as opposed to the video itself. word.

@memoirmystery

3 жыл бұрын

@@selfademus 😂

@selfademus

3 жыл бұрын

yannickmoon. lawl

The view is amazing! I am not knowledgeable in the real estate market in SF, but I assume they have the income to afford such a rental. Besides, they seem very happy with their choice and that's the most important thing, isn't it?

@taoist32

3 жыл бұрын

Sure, and it’s because they are young. No real long term planning for their future. With their income they could easily afford a cheaper house right outside of the city. They would not have all the amenities to enjoy, but they could easily pay off a house in a few years, build equity in it, increase their investments and retirement accounts substantially, and still enjoy the city’s views, entertainment, and food. In fact, they could retire in a few years if they did this. And that’s the point of working and investing. Retire at a young age and enjoy the rest of your life without having to put in 40 plus hours of work for 40 years.

@free22

3 жыл бұрын

@@taoist32 No real long term planning? They said this was their last apartment before buying next year. They probably earn over 500k combined. I think they’ll be fine.

DID SHE SAY .. BECAUSE HOW CLEAN THE APPARTMENT IS SHE HAS ACTUALLY TAKEN BATH IN HER OWN APPARTMENT ..

Nicely done (the video). Good luck with everything in the future (especially house hunting in the bay) 😂

Great video!!

They couldve cut down the 600 rent and live on a lower floor if they wanted to save for buying a house.

@CDai-rw7sm

3 жыл бұрын

600/month doesn’t help at all against SF down payments. 10% of 2M is 200k and you need to save 333month (27yr) with 600/mon

I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability

@juliermelier6330

3 жыл бұрын

Invest globally in bitcoin, gold, silver, forex market, commodities. Just don't be left out and save yourself

@froddgraham7545

3 жыл бұрын

Beautifully said, I tell my folks these words everyday. It's good to save money but most people don't understand the market moves and tend to be misled in facts like this and always depend on money in the bank.

@lawrencelopez52

3 жыл бұрын

Pure wise comment.

@brianhamm2733

3 жыл бұрын

I understand the fact tomorrow isn't promised to anyone, but investing today is a hard thing to do because i have no idea of how andthat where to invest in these?

@froddgraham7545

3 жыл бұрын

@@brianhamm2733 Hey, this is a computer age. Peeps who aren't even traders make money from the crypto anjd forex markets ,how many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.

I'm a San Francisco native. The 'East Cut' neighborhood is not one I'd live in. That neighborhood is full of office buildings and no real great food options besides places that cater to office workers, i.e. coffee shops, quick lunch places etc. Also, I own a house in San Francisco and my mortgage is below what they pay a month.

wow. beautiful apartment!!!

I could never pay that much for that little =/

@nvasudeva

3 жыл бұрын

@📌Pinned by CNBC Make It That's a fake handle.

@ometofu

3 жыл бұрын

U would not making 300k a year

So many haters in the comments. If they worked for it and are happy just be happy for them and aspire to do the same

@moldyrefrigerator

3 жыл бұрын

Hating on what? That I have two more bedrooms and way more space than them? Or that they live in San Francisco, I’ve been there plenty of times, it’s not that amazing. Spending $4k on month on a 1BD, 1Bath apartment is indeed stupid by common sense standards, and we DO NOT need to aspire to be anything like this unless your life revolves around Instagram likes.

3 жыл бұрын

@King Game why so critical of other people's lifestyle. They most likely make more money than you.

@tomqi90

3 жыл бұрын

@King Game From her hat it looks like she works in Tesla, and if she been there since late 2019 and based on her age 28, she would probably be a senior PM, she would probably make 500 to 1 million a year, when you have this much money 4000 is nothing to you

@hubertcumberdale2651

3 жыл бұрын

Landlord: Cheats Tenants Blind Also Landlord: "As long as you are happy!" Dear Ayam ....... SHUT UP.

@haute03

3 жыл бұрын

I'm actually enjoying reading the comments from other folks living in SF who are comparing rent rates. I haven't seen any "haters"?

This is crazy for 1 bed,1 bath...basically they are paying for the view. At least the refrigerator is full!!

I didn’t know u could paint the walls when renting I never touch them Love the unicorn bed for the pup

I work in tech, in SF, but moved to the east coast to be closer to family and college friends./ I'm suppose to return back to SF in September for RTO. Though, I'm thinking of taking the salary cut and moving to Austin, TX instead. Anyone doing the same, or has done this before? Would love to hear from you!

@joyaustin6581

3 жыл бұрын

Austin is getting more and more expensive. We have no state income tax but I’ve heard our property taxes are expensive. I would visit a few times before you decide.

@Shazzyhtown

3 жыл бұрын

Don't bother. Austin is now the most expensive city in Texas. It's not cheap anymore, unless you live on the outskirts. All the major Texas cities have creeped up in COL, but Austin has seen it worse. Tech should be remote friendly, so why not move to a mid size city that's cheaper? 😉

@lukebradley7879

3 жыл бұрын

Let me guess you work at Tesla

@Kevindevin7

3 жыл бұрын

@@lukebradley7879 nah another FANG dude

That’s SOOOOO expensive! I’m renting in Austin Texas, $850 for a one bedroom one bathroom 662sqft apt. You can definitely find cheaper ones if you go outside of the main Austin area too.

@christiancalderon3821

3 жыл бұрын

Enjoy it for now. I heard Austin is the next silicon valley

@colorfulcodes

2 жыл бұрын

Not many Austin companies pay 200k so makes sense. Even big tech makes you take a pay cut for moving there.

This is the expected price for the area, especially considering the view and amenities. They clearly can afford this apartment, as when I heard their jobs at the beginning I immediately thought "this makes sense." I'm not surprised they prioritized the view over saving money and living 20 floors down. If I had a job that paid enough for me to live in the SF Financial District or any of the nearby neighborhoods, I would live in this kind of apartment too. When you have it like that, why not?

@itsmulanali

2 жыл бұрын

I think the same thing. We don’t take any of this to the grave so why not live it out? Everything doesn’t have to be about saving and investing. People can just simply like what they like without seeing a way to a profit or savings off every single penny they spend.

@dbowe4415

2 жыл бұрын

@@itsmulanali That’s a great point: life is much more than just saving and investing money. It’s good to do, yes, but it’s also good to spend money and enjoy the things that we’ve worked hard to be able to enjoy!

@Vintagetube310

11 ай бұрын

Well, between both of them they could afford it.

When your cardigan matches your wall color and furniture...lol

@aic0809

3 жыл бұрын

Lol! So true. Maybe it’s one of her favorite colors, and with good reason. It’s a lovely color for sure!

Mathematically her rent is 1k less with 3 months free

You two seem to really love your apartment. I am happy for you both :)

@taoist32

3 жыл бұрын

She’s not that smart. She could easily buy an actual house for less than what she pays. In fact, they could buy a 5 bedroom, 3 bathroom house in Idaho for $600,000.

@SoulJestic

3 жыл бұрын

@@taoist32 homie did you even watch the vid? They're in the market for a house rn. And not everyone wants to live in bumfuck Idaho

I feel like that view of the bridge is 1/2 the price of this thing

This rent is $1000/month more expensive than the mortgage on my 1.4m home. Nice way to spend ur hard earned $$$

@joannabusinessaccount7293

3 жыл бұрын

You have the down payment to pay for the 1.4 house - but these young people do not yet. Their job, life, career and other situations require this type of setup but I wouldn’t say this is irresponsible. The fact that both of them have worked hard to be able to find jobs in tech and each other is evidence that they are successful, hard working, and thoughtful.

@dillmon1

3 жыл бұрын

@@joannabusinessaccount7293 if they lived in a cheaper apartment they could save at a faster rate and be able to afford the down payment when they’re ready.

@getupandtravel

3 жыл бұрын

@@dillmon1I also live in SF and across the street from my mom is a 1/1 for $4600 with street parking. There's no cheaper in the city and county of SF

@mba2ceo

3 жыл бұрын

stupid ppl with $$$ ?

3850 for one bedroom in SF is cheap. You can only get that price during Covid.

@EwYoureCringe

3 жыл бұрын

The median was $2800. There are definitely places in the $2k range now

@joel-kr2kv

3 жыл бұрын

It’s cheap for a high rise in SF. You can get 2b easy if not in a high rise

Judging by the responses here, $3,850 isn't cheap even in the US. Over here in Nigeria, $3,850 per year (cause we pay yearly) can get a nice 2 bedroom apartment, in a fantastic location/city. If I have to multiply $3,850 she's paying per month for a year, man, I'll buy a good 3 bedroom apartment for her one year rent, and pay cash $46,200. Demn.

"This kitchen was not built for cooking". Well I have a toilet that wasn't meant to poop on.

I like how even though they said it’s $450 for parking 1 minute into it, they still made it seem like it was still only $3850 rent or under 4K and tried to imply that because it was 3 months free rent like we supposed to be impressed by seeing a laptop on a table and a view.

So do they order food most of the time?

$4,000 for a 1 bedroom? That’s nuts

I’m in miami paying around 1800 for roughly the same size and thats on a discount because normal prices before covid were around 2500 for a 1/1 and that was crazy to me so almost 4k for a 1/1 is wild. But you get to live in a fun area in fun cities like miami, sf, la, nyc and others

Place looks great. And I love the unicorn bed

Watching videos like this really makes me feel blessed to be in Chicago. I used to think that our rent prices are expensive, but it’s absolutely NOTHING compared to the rent prices in places like San Francisco, Los Angeles and New York City. For $3500 here in Chicago, you can literally have at least 2 bedrooms in a highrise apartment Downtown that has a view of the lake and Navy Pier, etc. And that was on the high end. Most of the other apartments in Downtown that I saw on Trulia and Zillow were between $1500 and $3000 a month. And it basically goes lower than that when you get outside of Downtown.

@moneyrules3241

3 жыл бұрын

+=1 =5 =7= 0= 2=0= 9 =5 =5= 3= 3=

@c.johnson1789

2 жыл бұрын

Chicago is expensive. It’s just that the Bay is worse.

@lemondrop7305

2 жыл бұрын

You can keep Chicago weather though lol

Ok so I live in sf and that area is not all that lmao, not for that price hunnay. There are other areas or bldgs where they couldve gotten 2 bedrooms for that price.

@moneyrules3241

3 жыл бұрын

+=1 =5 =7= 0= 2=0= 9 =5 =5= 3= 3=

@florencewadley

3 жыл бұрын

@@moneyrules3241 huuuh

That appartment doesnt look 700 square feet or did I misheard it?

Not built for cooking???? Girl, as a new Yorker am offended by your lack of vision. That's a ridiculous amount of space for cooking. I would say practice the art of rotation but you don't even need to that because of all the counter space.

*insert lebron looking at Kyle kuzma meme here*

high cost of living, yes, but the jobs also pay way more than other cities. it's a fair balance

$450 for parking!!! Girl that was close to rent when I was a student 😆

People who live in places like NY, LA, DC and SF, I don’t know how y’all do it 4,000 DOLLARS FOR 700 SQ FT 🤦🏿🤦🏿🤦🏿🤦🏿

I don’t think I would ever pay that much for an apt even when I can afford it. It’s money down the drain every month. I much prefer to invest or put that into savings.

Does literally everyone in SF work in tech

@tonyschannel2281

3 жыл бұрын

No, others have no job and sleep in the streets.

@HerAeolianHarp

3 жыл бұрын

The techies ruined my former city. Middle class families get priced out and tech Millennials move in.

@closeredge5198

3 жыл бұрын

@@HerAeolianHarp Where were you located? Curious

Love the space Rachel!

I have a six figure income and have chosen to live in a part of the country where the median home price is $170,000. I bought a $115,000 townhouse and have zero debt other than my mortgage. Life is good. I lived in DC for 10 years. Talk about expensive.

I’m not much of a dog person but that dog is so darn cute! 😍 Great couple, they seem very nice; wishing them all the best 👍🏾