So, Andrew Yang’s yearly income is $150,000 a year. What can he afford in Silicon Valley assuming he wants to take a mortgage?
A garage or a lovely storage room in South San Jose
Here’s a charming property.
https://www.zillow.com/homedetails/300-W-Sunnyoaks-Ave-Campbell-CA-95008/19665948_zpid/?
Nice condo, only 825K.
He can afford half that (~ 3*150k).
So if he had a wife making same, and a little equity from a previous hovel maybe, he could get into the condo.
Unfortunately condo’s don’t go up as fast as SFD’s so he’s basically gonna be stuck there until maybe his own income goes up.
Note this condo sold in 1997 for $232K.