So, I'm one of those
super-high-paid-tech-workers driving up rent in the bay area. Unfortunately, rents go up more than what they super-highly-pay us. And I could really do with a bigger house, between 4 of us in the family, we have a constantly rotating cadre of guests, and a friend who will be staying with us for a couple of months or more.
I've looked around and I want to get a bigger house to rent. I can't afford anything near work, even smaller places go for more than my current place, but I'm 15 minutes drive from work, and I plan to start biking this summer.
If I move, I have to move way-the-hell-out to the hinterlands, which is 45 minutes drive on a good day. Fortunately, my company offers bus service way the hell out to the hinterlands, which means no car commuting!
My question: Is it better to move and save money on rent ($500 -$700 a month) and commute by bus or is it better to stay put, pay more in rent but be closer to work, and build a 'guest shed' for peeps who come visit (approx cost $1000).
What do you think mustachians? Help a n00b out:)
Thanks,
JR