SF Engineers: Rent or Buy? A Wealth-Building Dilemma

SF Engineers: Rent or Buy? A Wealth-Building Dilemma

Meet Emma and David , a couple in their mid-30s who epitomize the modern San Francisco success story. Both are senior engineers at leading tech companies, and through diligent saving and smart investing over the years, they’ve amassed a respectable net worth of approximately $2 million . Currently, they comfortably rent an apartment in the bustling city, raising their two children. Yet, like many upwardly mobile families in a high-cost-of-living area, a fundamental question consistently surfaces in their minds: “Is now the opportune moment to buy a house?” The San Francisco Homeownership Conundrum Their affection for San Francisco is undeniable – its vibrant culture, innovative spirit, and thriving career opportunities are perfectly aligned with their professional and personal aspirations. However, this appeal comes with its own set of significant challenges, especially in the realm of real estate. The city is notorious for its skyrocketing rents and prohibitive property prices. Adding to …