| Topic Name: |
Why so many hours for so little money? |
| Message Name: |
Starting Out |
| Date Posted: |
03/21/2006 |
| In Reply To: |
If you want to OWN a house instead of renting an apartment, I don't see how a Big 4 salary will let you afford to do that. In many markets, a respectable house that isn't in the ghetto can cost over half a million dollars. I do think it's problematic when a career restricts you to living in the few cheap housing markets.
This is what a MILLION dollars will get you in LA. It's listed on realtor.com for $925,000.
http://homepics.realtor.com/image2/http/westernla/submit/large/023/05-065031a.jpg |
| Message: |
I don't see many people buying a house straight out of undergrad. By the time you make manager and have a two-income household, you can afford something much more than decent. Besides, why live in overrated L.A.?
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