Pricey rent in San Francisco makes it cheaper to commute from Las Vegas
Jeff Chiu / AP
George Limperis, a realtor with Paragon Real Estate Group, walks in the backyard of a property in the Noe Valley neighborhood in San Francisco, Wednesday, July 30, 2014. In the souped-up world of San Francisco real estate, where the median selling price for homes and condominiums hit seven figures for the first time last month, the cool million that would fetch a mansion on a few acres elsewhere will now barely cover the cost of an 800-square foot starter home that needs work and may or may not include private parking.
By Eric Jaffe, Business Insider
Wed, Oct 21, 2015 (6 p.m.)
A Reddit user poses a humble question to all those San Francisco residents fed up with rising rents: Why not move to Las Vegas and commute back to the Bay Area?
Trusting the user’s numbers, the basic math goes like this: $1,012 in rent for a two-bedroom apartment within 10 miles of Las Vegas, $1,120 on four round-trip flights a week (working remotely on the fifth day), and $276 in ground transportation via BART once you land at SFO. Totaling those costs still comes out to less than the average monthly rent for a one-bedroom in San Francisco.
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