Correction: I will need to sell my FB shares because the stock dilution is reaching absurdity level… 
Don’t worries, FB buy shares to compensate the dilution, so is ok.
People on the blind thread advised the person to take the offer as “winter is coming”.
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RSU is a one time grant with 4 year vest cycle. He might get more of it next year depending on performance. There can never be a guaranteed amount every single year based on his level. Seems like you’ve been out of the job market for too long…
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About $350k per year. Solid offer for 8 yoe. What’s the job title?
Which house should he buy assuming single income? Give your best recommendations. Let’s have a competition to see who will find the best house for this imaginationary buyer. It will show us where the housing market is today.
Pretty wise advice, full of wisdom.
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Huh? Is currently in winter. Spring not here yet.
Apple, Samsung and LG are telling us that winter is coming
FB shares will go 3x in the next 4 years. 450K RSU means close to 1.5M after 4 years.
@Terri time to send out some resumes.
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Since winter is coming better wait now. There may be bargains to be had from all those laid off apple engineers. 
SFHs? Can you afford 
For stocks, better to let go of the risky ones i.e those don’t have earnings, just riding on fast growth. Is not clear whether they will ever be a profit making business or can survive the recession as their clients keep folding.
Not just those three, many B2C businesses seem to be preparing for a recession. Watch what TSLA did.
Even the laid off Apple workers still need to love somewhere. Winter of stocks could be the spring for housing 
Also we don’t jump to conclusions. We look at what houses he can afford and might be interested to see whether the housing market is out of reach for such a good engineer for the houses he might be interested.
8 yoe = 30 yo to 35 yo.
We can also consider a E6 who earns 500k a year including everything, ages 35-40 yo.
Assuming both E5 and E6 have 20% down payment for whatever house they can afford.
Uh, laid off Apple workers won’t be able to qualify for a mortgage unless they want to pay cash.
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Instead of laying off workers, they can simply freeze hiring. They kind of started that already.
@harriet Why did you cancel the plan of buying the 2nd house? Lack of job security or lack of income growth? 
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I’m not canceling. Nothing within budget fits my criteria.
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Last october, some fantastic deals were there due to Prop 10. What were you doing then?
Like I said. I have very strict criteria when it comes to property selection (no cul de sac for example). Took me a few years to find my primary even back then.
Being picky can cost you a fortune
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The “deals” you mentioned were not good enough to justify compromises. If they were steals you should have bought them then.
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Where did you buy? The cost of my first purchase was quite low. It was before the runup in my area - difference was negligible.
Edit: What the hell? Ghosting me now? Don’t want people to know about your gold mine? 