Bay Area housing prices drop in tech-heavy counties
Buying a house and settling in the Silicon Valley&#x2F;SF&#x2F;etc... does not make any financial sense whatsoever.  They are all pretty much overpriced, crappy and old. Even the quality of the new &quot;luxury condos&quot; is crap. Seriously, take a closer look at the quality of the windows, walls, doors, floor, everything...it is all paper thin cheap stuff way overpriced. Not to consider taxes, earthquake and fire insurance.<p>Cost of life, school, pre-school, daycare etc, they are all crazy expensive. Public transportation is nearly non-existent. Traffic is insane. People who live in SF wake up at 5.30am&#x2F;6.00am to catch the bus and commute to the Valley oO. They spend at least 2hours if not more a day in traffic.<p>The only thing that imo makes sense is to move there, save as much money as possible. Maximize your 401k and pension plan contributions. Don&#x27;t work in scrappy startups for a low paycheck and stock options (most startups are doomed to fail or will never go IPO) but prefer instead bigger companies or close to IPO ones that have a good 401k matching plan, bonuses, incentives, and higher base salary.<p>Get a new job every 2&#x2F;3 years, so that you can increase your salary quickly + signing bonuses.<p>Do this for ~10years and then move to a normal place where you could buy a super nice house in cash and then work remotely.