Google employee lives in a truck in the company's parking lot
sfgate.com
sfgate.com
A few thoughts (I don't work at Google, but a similar large tech company in the south bay):
1) Yes, $2000 a month is expensive for corporate housing. But if your goal really is to save money, you can find a room in San Francisco for under $1000 in a co-op or such and just take the shuttle to Google every day. It won't be the most beautiful house in the world, but it'll beat a truck.
2) If you like bringing home cute girls/boys, that's going to make things significantly harder.
3) I have a fair amount of expensive equipment (photography + music gear) that I would not be comfortable leaving in a vehicle for extended periods of time. It'd just takes once to lose a pretty significant chunk of cash (probably something like $5k in photography gear and close to $10k in music gear, for me).
4) Even if his name and face were withheld, anyone working at Google will remember that truck very distinctly now. Not the smartest move for him, he's probably going to be found out in the next week or two.
I have friends who did similar things - whether to save money, or to entertain a more minimalistic lifestyle. I'm still very curious about it, mostly for the latter reason, and would love to read any detailed experiences if anyone here has done it.
Here's one link for a few years back: http://austenallred.com/voluntarily-homeless-in-silicon-vall...
• Upgrade the battery system with a deep cycle battery and a voltage switch relay or a manual switch to prevent your 'house' electronics from draining the starter battery. A pure sine wave inverter is more expensive than a normal ('modifed sinewave') inverter but it's well worth it if you have any expensive electronic devices.
• Secure climate controlled storage units would seem like an option for your music/photography gear.
Being a Google employee, this guy is probably earning +100K per annum, which puts him into the top 1% income-earning bracket IN THE WORLD.
Yet this gentleman has chosen to live out of a truck... albeit a worse option when he could have purchased an RV instead.
Looking back, I am guessing he will not have many fond memories of his 20s.
This is what stood out to me the most, and made me wonder why someone would do this in such a half-baked way. Granted, he's a young kid just out of college so maybe he wasn't thinking practically, but on the other hand it reeks of extreme hipsterism. "Look at me, I'm living in a box truck! I'm so original and minimalist!" For the $10k he spent on that hot, bare truck he could instead be in a comfortable RV with appliances, a shower, and solar panels for powering his gear, missing practically no luxuries of apartment living.
No, I think the last paragraph of the full article sums it up; he claims he's doing this so he has a good idea of how uncomfortable living conditions can be when he starts his world travel itinerary. He doesn't know the half of it.
Not as nice as an RV, but still much nicer than that truck.
I lived in my car and didn't work for a big company so accomodations were a little less plesant. However even after 6 months I didn't really mind it. I went to the gym and lift every morning then cleaned up and went to work, then when I was unemployed I went to the library.
Not having an 'official' place to sleep was the worst part. I slept in Walmart parking lots. I rotated between 3 but had one main one. I got harassed by cops pretty frequently which was the worst part. Never had a single person (not cop) bother me, and I wasn't exactly in the best areas (as many walmarts aren't).
That wasn't the first time I was 'homeless' so I guess I'm used to that lifestyle now, and I'd do it again in a heart beat. (I live in a cold state now, so it's a little more difficult)
After a couple times of this you know their tricks and it becomes a game. I wasn't sure if it was illegal to be transient so I would always just stick with being too tired to keep driving.
Not once were questions out of sincerity or to offer help, just to find ways to pin me with a charge. It was despicable.
>"It's really hard to justify throwing that kind of money away. You're essentially burning it — you're not putting equity in anything and you're not building it up for a future — and that was really hard for me to reconcile."
Equity and saving for the future are things you do after you've established a home. Comfort and time off of work are essential to a well-balanced and healthy life.
What's sad, to me, is not that he lives in a truck, it's that he works so much that doesn't value any time alone in his own space. I know the rent is exorbitant in the bay, but his pay from Google has that factored in -- he's no Mission artist getting evicted, after all. I happily pay a significant portion of my income to have a home, even a rented one.
Google allows 24 hour access, unless that's changed recently.
A chemical toilet is also a wonderful thing.
Agreed, certainly at any company that has strong security policies (I'd imagine telecom, for example, is a lot more strict in this regard), after hours access might be an issue.
Most office buildings I've seen have restrictions, the office tower i work at in London (Reagent's Park) requires you to enter and sign in with security from 7pm till 7am and if you want to enter during the weekend you need to register explicitly for the day and tie and it has to be approved.
And this is pretty much the case for most shared offices / office towers I've worked in, if you own the campus and want to keep the same level of security staffing during the night as you would during the day I would think that 24/7 access wouldn't be an issue to facilitate in all other cases they rather that you wouldn't be hanging around.
To me, doing all of your life at work is work, with no life. I need to disconnect, and I can't do that in the place where I work. Is this a corporate culture thing now? Work for Google, socialize only with Googlers, eat/sleep/breathe work?
Indeed, at my new job I can get free meals, a free gym, free health clinic (not just a band-aid station, a fully staffed urgent care center with its own dispensary), showers, and so on. And this is not even corporate, it's a government job. But after a few weeks of just partaking of the free lunch/dinner, I decided to stop using the freebies. I felt like I was living there (12 hour shifts contribute to that feeling of course) and so I began leaving for lunch breaks and decided not to use the other facilities unless absolutely necessary. Given it's a government gig, it already feels like they "own" me as it is (mandatory uniform, strict rules about social media use even off the clock, etc).
It has been shown that reducing commute time significantly increases your happiness. Besides, I'm sure there's a higher purpose for what he's doing, otherwise it would be intolerable.
He has established a home, it's just not a traditional one. It's a really-not-up-to-code tiny house on wheels.
If he were living in a Winnebago or a trailer would you feel differently?
I'm perhaps looking at this differently because I am into the financial independence movement[1], and I also quite like tiny houses. I like the idea of saving as much as you can so you don't have to work for the rest of your life, and I also like the idea of reducing your ecological and physical footprint.
So that's how I'm seeing this story. This guy seems like a "mustachian" more than he seems like a guy forced to live in his car. I don't know how much he gets paid, but I'm certain he could afford an apartment—ridiculously expensive though it may be.
I absolutely agree with you that the housing situation in the Bay area is bonkers, though.
[1] See Mr. Money Mustache http://www.mrmoneymustache.com/
It also turns out that the appreciation of housing in the US has been negligible up until the post-2000 housing boom. From the 1920's to 2000, the average increase in a house's value was 0.6% per year. So the part that isn't going to the bank is going into a possibly really poor savings fund. And one that can burn down... At this point, I'm thinking it probably still makes more sense to rent, and do the usual index fund thing.
Let's take this house: https://www.redfin.com/CA/Oakland/2822-Myrtle-St-94608/home/...
Property taxes according to Redfin are $2,471 a year, for a total cost of $74,130. A thirty-year mortgage at 4.5% interest will see you paying $350,229 in interest over 30 years.
Together, that's $1,178 not going into equity.
Here's a Craigslist search for homes with 4 bedrooms or more in the same neighborhood:
http://sfbay.craigslist.org/search/eby/apa?nh=64&bedrooms=4
Note that there aren't any comparable places to rent, but even the ones that are close are more than double our "amount over equity per month" figure.
This also assumes your rent over 30 years is going to stay fixed the same way your mortgage payment is. It won't:
https://www.rentjungle.com/average-rent-in-oakland-rent-tren...
I couldn't find good data on housing appreciation for the Bay Area, but I'm going to go out on a limb and suggest it doesn't mirror the U.S. overall.
And either way, appreciation only matters if you're thinking of your home as an investment. Assuming you're thinking of it as a place to live, it makes sense both in pure cost terms and for some things that are harder to put a price on.
For instance -- how much is having a permanent address worth to you? Or the price of never having to move again, never having to sit in another group housing interview again, never being able to be evicted by "owner move in" or whatever shibboleth is currently popular in Bay Area eviction bootcamps? (this is a real thing: http://www.sfgate.com/bayarea/article/Lawyer-pumps-up-S-F-la...)
We are planning to get things together to buy a house; the quick survey just convinced us that it didn't make sense to rush in. We also feel that there's a decent possibility that the housing prices actually are bubbly, which makes us less inclined to rush out and buy something. Overall, the exercise convinced us to wait a bit and get together enough to shoot for a 20yr mortgage.
I stand by what I said -- renting is irrational. The kid in the box truck is smarter than every Bay Area software engineer blowing their money on rent.
I've heard engineers complain about $49 a month for X or Y SaaS solution that would save a bunch of their time and effort. "That is expensive, I'll just build that myself..."
It is like they try to optimize everything in their life. In my opinion this attitude is toxic, especially in startups.
The world is so car-centric yet there's still somewhat of a weird stigma against people who choose to live out of cars/vans/westfalias/RVs etc..?
Also surprised no one's bothered to produce affordable tiny mobile homes for 3rd world countries or college kids: http://www.designboom.com/design/cornelius-comanns-bufalino/ (Elio's enclosed motorcycles are retailing for $6800..?!)
On the other hand, what's the worst case scenario? Some miniscule probability that one day he'll fall out if his bunk, break his neck, and google will be on the hook for a few hundred grand. In the meantime, they're probably getting hours per day of extra work out of him, and he's less likely to leave for a new job at a startup without a giant parking lot, showers and free food. So overall it's a net win... at least until thousands of others start to do the same thing and google has a shanty town on its hands.
(1) I'm sure the city of Mountain View and its zoning committee will have some issues with illegal housing units
(2) I'm sure the fire marshall will have some issues with someone permanently inhabiting a flammable structure (literally on top of a barrel of flammable liquid) with no fire-abatement equipment
(3) I'm sure the California DMV will refuse to license a vehicle where the owner's home address is the vehicle itself with no real street address, or a street address where the applicant is not a legal resident and cannot receive mail. And if the vehicle is registered out of state while being in California for more than 60 days, he's violating vehicle licensure laws as well.
(4) OSHA is going to have issues with an employee sleeping on company property -- for his safety. OSHA fines are a bad time.
(5) If the vehicle burst into flames and the occupant locked inside suffered a slow and agonizingly painful death, you can bet that Google will be found to have some liability for wrongful death, including lost wages and suffering, because they knew about an illegal squatter and did nothing to remove him from the property. Double their financial liability if another occupant was having a sleepover with him.
So: the worst case scenario is being in trouble with many local, state, and federal entities, as well as 7-8 figure wrongful death lawsuits.
> at least until thousands of others start to do the same thing and google has a shanty town on its hands
I hadn't even considered the moral hazard here if Google does nothing about this!
You are right I suppose. That thought process eluded me:). It all works out then.
I had to google that. Interesting concept.
Thank you for pointing that out to me.
Imagine that.
edit: somewhere around 2200 a month? it doesn't seem worth the savings to not have an appt