[quote=flu]But you know what. Even if palo alto just doesn’t have good enough lizards and walls for you… You can always go for the gold and get a nice “affordable” condo in Pacific Heights (SF)…..
It’s “only” $4.85 million for a 3/3 condo… Because obviously, the city has character!
Don’t forget though the schools suck in that area, so you’ll probably need to add another $22k/year to send each kids to private school too.[/quote]$22k/year won’t get you into top tier private school. I think it’s closer to $30k. So, if you put down 20%, your mortgage would be ~$16.5k, PITI would probably be ~$22k/month. If you have 3 kids, add in another $10k/month for private school and you’re looking at monthly expense if ~$32k before food and entertainment. Someone who live in that kind of house probably spend at least $8k in food and entertainment a month. So, a rough estimate would be $40k/month for $4.8M in expense a year. 10 years would cost $48M. LoL is all I can say.
