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Comment Re:There's a clue shortage (Score 1) 574

Retire on what money? With rent there's no equity building, it's all down the drain. That's why people buy. I switched jobs in January of this year. Big west coast company, you've heard of them. No relocation. Shared walls are *always* too loud. I'm pessimistic because I live in the real world where people don't die at Carousel when they turn 30.

Comment Re:There's a clue shortage (Score 1) 574

So what does a renter do when he/she turns 65 or 70 and can't drop $3500/mo on rent for a dump in SF? Head to a homeless shelter? Ownership is about equity. In dense urban settings there are *no* nice places to rent or even buy. No yard. Shared walls. Neighbors who aren't douchebags are a rarity. Sure big companies have relocation packages. Management gets them. The rest of us no longer do. And it's more like 20% more pay with 100% more expenses.

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