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In reply to the discussion: With soaring cost of living, San Francisco businesses can't find new low-cost employees [View all]truedelphi
(32,324 posts)The year we left the SF Bay area as then people here would think I was one of the filthy rich.
(We left in 2005.)
And yet it simply was not enough money. Especially given the fact that we were locked out of having a mortgage deduction, as even a delipidated garage was selling for around $ 200,000.
After taxes took away 28% + 15% for Social Security (Since I was self employed) then the high cost of food, and so we were always broke. And we were living in a very low rent situation, so the high rents did not even affect us.
One of the amazing things about Lake County is that food prices are so very low. (At least in comparison with SF grocery stores.)
BTW, I don't know what guy in NY you are meaning? Any link? Love to hear about it in detail.