tag:blogger.com,1999:blog-3758330678390419129.post8327960069542789519..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Silicon Valley Real Estate Madness: 180 Square Foot Shack for $2 MillionRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3758330678390419129.post-25890827312276756062016-02-11T09:59:06.797-05:002016-02-11T09:59:06.797-05:00The monthly mortgage is quite an amount for this s...The monthly mortgage is quite an amount for this small house. Don't think it's worth it.Anonymoushttps://www.blogger.com/profile/05775459464046469243noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-61656973538935875262015-11-05T22:19:49.602-05:002015-11-05T22:19:49.602-05:00I don't understand how the companies out there...I don't understand how the companies out there can still hire engineers from other places. It literally requires a complete liquidation just to come up with the down payment for a house. And it's not like the salary can make up for it in a few years, the entire increase and then some goes to pay the mortgage. Jimmy Joe Meekerhttps://www.blogger.com/profile/09559104650594440766noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-47609643868468721142015-11-05T14:49:13.691-05:002015-11-05T14:49:13.691-05:00Under standard lending requirements (mortgage shou...Under standard lending requirements (mortgage should be no more than a third of income), qualifying for that mortgage payment quoted in the article will require a monthly salary of $23,589, which translates to an annual salary of $283,068.<br /><br />It's possible for a software engineering power couple with 10+ years of experience working at financially successful companies to bring home a Michael McThrowhttps://www.blogger.com/profile/05235218567806483141noreply@blogger.com