patrick.net

https://www.theguardian.com/technology/2016/aug/11/silicon-valley-housing-official-resigns-california-home-prices

Kate, 31, is a product attorney at another tech firm, the cost of owning a home near their jobs has simply become too steep for them. If they wanted to purchase their current house which they rent with another couple for $6,200 a month total it would cost $2.7m plus monthly mortgage and tax payments of $12,177, adding up to more than $146,000 a year. Instead, the couple will soon relocate 45 miles south to Santa Cruz, a city by the beach where they can afford to purchase a home and eventually raise children.