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Real Estate
Reply to "s/o How old are you? What kind of house do you live in? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Live in NWDC - near Foxhall Road. Bought 5 bedroom, older, classic [1920s], home for $1.35 mil, about 5 years ago, in mid-30s. I truly love our house, its our 2nd and I am happy to live here forever. We sold 1st house in DC for more than twice what we paid for it in 1999. Hate to say this, I really do, but there are tons of families around us who live in 2 to 4 million $ homes and are in their lates 20s and early 30s. Many have some sort of inheritance or family money, others have high-paying jobs as lawyers/lobbists/CEOs/money managers, some have both. Its depressing if you compared yourself and your "things" to others. Don't start down that road - no good will come of it.[/quote] Foxhall, Berkley, Wesley Heights, and Kent are WASP inheritance central. [b]Most of them don't work or bounce around from job to job.[/b] The wives drive Mercedes station wagons and hang out at the Spring Valley Starbucks or Red Door and gossip about each other. Glad we moved out of DC to a less pretentious neighborhood.[/quote] That is totally not true, PP. Sure, there are always some trust fund babies like this, and I could name at least 5 off the top of my head, but hardly "most" and certainly not in these neighborhoods of NWDC where *what you do* and *where you went to school* and *how many degrees you have* [i]really matters[/i]. :lol: I mean this seriously as I am writing it but, it is totally making me laugh and roll my eyes because its just soooooo DC.[/quote] it really depends what specific circles you are in. I can think of a half dozen families that live in Kent, Foxhall etc. who live almost entirely off family money. Or, far more frequently, the husband has a high paying job ($250-500K or whatever) but they afford the $3 million dollar house, etc. at age 32 because of the family money. The number of people who can earn the type of money to afford a $2-4 million dollar house in their 30's based on income ALONE is exceedingly rare. And yet there are hundreds of young couples in NW, Chevy Chase, etc who own these homes. Entire the family money. And all of these people went to excellent schools (high school and college). [/quote]
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