Moving to San Francisco, good idea during economic crisis? - Page 2

She's your fiancee. You're going to follow her into crazier things than recession.

That said, it has to make sense for you as a couple to go, or is this a deal-breaker for the marriage?

I want to know which genius picked option 1?

It's a public poll you can see by clicking on the "1"

I did.

Me and my wife were facing the same scenario 10 years ago. We were happily working in London and both of us got offers to work in a company in Marin. I also got another offer from a different company in Palo Alto. At the end we decided to take the second option because it was a much better job for me (better position; more money; stock options..). We moved across the ocean and my wife came with me without a job for herself. Staying behind when your partner moved to a different city was not an option for us.

It is up to you to work it out between you and your fiancee. This is a good place for someone in software development. The timing might not be perfect but it's not a bad location for what you do.

If you think it won't work out for you. She should stay too.
Of course this is only my humble opinion.

Paul

Not on hand at the moment, but Google stories on the "shadow inventory." There are lots of stories out there, but the media doesn't much talk about it.

Last year, my father and I tried to buy a rental unit in Arizona. We offered the exact terms they wanted, had 20% down, pre-qualified for a 15 year fixed, and even had enough cash on hand to buy it outright.

The other side hemmed, hawed and acted funny for about three weeks before rejecting the offer. Today, about a year later, the place simply sits. It's not being rented, our realtor is keeping an eye out in case it gets relisted, and there's no indication it's for sale.

It's bizarre. Real estate is being held back from the market to keep prices inflated. I think prices will, eventually, fall below what they were before the bubble. That's because construction went wild during the bubble and they overbuilt just because speculators would buy. Anyhow, I don't want to derail the thread, but I don't see any easy way out.

chia-pet: you are not really giving us much to go by, quite frankly.

Unless I completely missed it, you never mentioned what profession your wife has a guaranteed spot in. Honestly, you should only consider moving if her position is ROCK SOLID and can support both of you for a year while you are looking for a job. If not, there is no debate, you should not go under any circumstances. Money is the #1 reason why there is marital trouble, so if you can avoid that, do so at all costs.

Another point, do not, under any circumstances, have her go and you stay behind. That is a bad road to go down, for obvious reasons. I am not suggesting anything, but if you are going to get married, you should function as a unit and not as a long distance relationship. It is bad news, period.

Just because you have a fiancee, the obligation to make wise and though-out decisions should not be thrown out the window. One's actions affects the other, so you two should sit down and really hash out your options. Pick the one that will give the most financial stability. That is what new marriages need the most above all (assuming you picked the right person to start with.... I am assuming you did ).

Personally, I would not come to California anytime soon, because the scheisse is just starting in California. Uncle Erik is so on the money in this thread. The housing market will take another complete dump in the time frame mentioned, because all the bad loans will get the banks in the end. Delaying the inevitable will still bring on the inevitable. It will be ugly, but it is necessary. Consider it a re-alignment to what should have been in the first place.

Some very solid advice in this thread. I've been watching the tell-tale signs of the real estate market in CA soon going down the ****ter, and taking a large portion of other industries and services with it. The projections are so bad that I've decided that it will probably be cheaper for me to go for my Masters degree immediately after finishing my B.S. this year (and get further into debt) than to risk the job market in an engineering field as it stands.

I also agree with roadtonowhere on the other point - even in my limited experience, long distance relationships don't often work during any part of a relationship timeline, least of all in the fiancé state. While finances (and the mismanagement thereof) are indeed the #1 reason for relationship problems, substantial distance separation is (IMO) even more daunting than a financial crisis. I'd avoid that option at all costs, since I'm guessing you think the girl is worth it.

Anna, from Germany

Welcome to my new gallery