Beyond Frustrated in Vienna market

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op is asking the right question though… who are you losing to? Answer is people who have more money than you or are willing to do things financially that you are not willing to do.

Op, you are not alone, and you are not “wrong” by setting your limits. We are in the same boat, looking for houses in a similar price range and are consistently surprised, and in some cases, frustrated. We have a good income and are set up well financially (800k HHI, 3m liquid assets, early 30s), but we have always believed that it doesn’t make sense to over pay.

We feel the same pressures as others. We have a 2yo and want to settle into a community, but we have our limits. We know what we think things are worth to us, and we have decided that we will not get pushed into something that feels like an overpay.

Best advice, try not to worry about it, set your budget, stick to it, and pocket the money that you save when you lose. You might find that in a few years you are much wealthier and in a less competitive price point, capable of making a deal that makes sense for you.

My sister was like you and lost so many houses. She ended up buying years later, settling for less, and lost out on the market gains if she had up her price and bought earlier.

Newsflash, prices are not going down. You will just pay more in a few years and uproot your family later to move.

Yep. Just wait until the AI IPO money floods the housing market here. They’ve been hiring like crazy in DC for their federal offerings.

Why would it flood housing market here? People cashing out can retire right about anywhere.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op is asking the right question though… who are you losing to? Answer is people who have more money than you or are willing to do things financially that you are not willing to do.

Op, you are not alone, and you are not “wrong” by setting your limits. We are in the same boat, looking for houses in a similar price range and are consistently surprised, and in some cases, frustrated. We have a good income and are set up well financially (800k HHI, 3m liquid assets, early 30s), but we have always believed that it doesn’t make sense to over pay.

We feel the same pressures as others. We have a 2yo and want to settle into a community, but we have our limits. We know what we think things are worth to us, and we have decided that we will not get pushed into something that feels like an overpay.

Best advice, try not to worry about it, set your budget, stick to it, and pocket the money that you save when you lose. You might find that in a few years you are much wealthier and in a less competitive price point, capable of making a deal that makes sense for you.

My sister was like you and lost so many houses. She ended up buying years later, settling for less, and lost out on the market gains if she had up her price and bought earlier.

Newsflash, prices are not going down. You will just pay more in a few years and uproot your family later to move.

Yep. Just wait until the AI IPO money floods the housing market here. They’ve been hiring like crazy in DC for their federal offerings.

Why would it flood housing market here? People cashing out can retire right about anywhere.

Why do you assume people would retire early? We’re talking people in their 20s-30s for the most part.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op is asking the right question though… who are you losing to? Answer is people who have more money than you or are willing to do things financially that you are not willing to do.

Op, you are not alone, and you are not “wrong” by setting your limits. We are in the same boat, looking for houses in a similar price range and are consistently surprised, and in some cases, frustrated. We have a good income and are set up well financially (800k HHI, 3m liquid assets, early 30s), but we have always believed that it doesn’t make sense to over pay.

We feel the same pressures as others. We have a 2yo and want to settle into a community, but we have our limits. We know what we think things are worth to us, and we have decided that we will not get pushed into something that feels like an overpay.

Best advice, try not to worry about it, set your budget, stick to it, and pocket the money that you save when you lose. You might find that in a few years you are much wealthier and in a less competitive price point, capable of making a deal that makes sense for you.

My sister was like you and lost so many houses. She ended up buying years later, settling for less, and lost out on the market gains if she had up her price and bought earlier.

Newsflash, prices are not going down. You will just pay more in a few years and uproot your family later to move.

Yep. Just wait until the AI IPO money floods the housing market here. They’ve been hiring like crazy in DC for their federal offerings.

And you think those people would want to live in Vienna? That’s a good one.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op is asking the right question though… who are you losing to? Answer is people who have more money than you or are willing to do things financially that you are not willing to do.

Op, you are not alone, and you are not “wrong” by setting your limits. We are in the same boat, looking for houses in a similar price range and are consistently surprised, and in some cases, frustrated. We have a good income and are set up well financially (800k HHI, 3m liquid assets, early 30s), but we have always believed that it doesn’t make sense to over pay.

We feel the same pressures as others. We have a 2yo and want to settle into a community, but we have our limits. We know what we think things are worth to us, and we have decided that we will not get pushed into something that feels like an overpay.

Best advice, try not to worry about it, set your budget, stick to it, and pocket the money that you save when you lose. You might find that in a few years you are much wealthier and in a less competitive price point, capable of making a deal that makes sense for you.

My sister was like you and lost so many houses. She ended up buying years later, settling for less, and lost out on the market gains if she had up her price and bought earlier.

Newsflash, prices are not going down. You will just pay more in a few years and uproot your family later to move.

Yep. Just wait until the AI IPO money floods the housing market here. They’ve been hiring like crazy in DC for their federal offerings.

And you think those people would want to live in Vienna? That’s a good one.

Whether they want to live in Vienna or not, OP still can’t afford to get what she wants there, no matter her justification

[Anonymous]

Anonymous wrote:

Anonymous wrote:Op is asking the right question though… who are you losing to? Answer is people who have more money than you or are willing to do things financially that you are not willing to do.

Op, you are not alone, and you are not “wrong” by setting your limits. We are in the same boat, looking for houses in a similar price range and are consistently surprised, and in some cases, frustrated. We have a good income and are set up well financially (800k HHI, 3m liquid assets, early 30s), but we have always believed that it doesn’t make sense to over pay.

We feel the same pressures as others. We have a 2yo and want to settle into a community, but we have our limits. We know what we think things are worth to us, and we have decided that we will not get pushed into something that feels like an overpay.

Best advice, try not to worry about it, set your budget, stick to it, and pocket the money that you save when you lose. You might find that in a few years you are much wealthier and in a less competitive price point, capable of making a deal that makes sense for you.

My sister was like you and lost so many houses. She ended up buying years later, settling for less, and lost out on the market gains if she had up her price and bought earlier.

Newsflash, prices are not going down. You will just pay more in a few years and uproot your family later to move.

This. Lots of people were hoping the DC area market would crash with the mass federal layoffs but that hasn’t happened. In fact it’s getting worse based on the latest stats. Prices are not coming down anytime soon if ever

https://dc.urbanturf.com/articles/blog/dc-area_houses_just_hit_a_record_buyers_arent_blinking/24625?utm_source=newsletter&utm_medium=keep_reading_link&utm_campaign=Thursday+May+14th%2C+2026&omhide=true

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op is asking the right question though… who are you losing to? Answer is people who have more money than you or are willing to do things financially that you are not willing to do.

Op, you are not alone, and you are not “wrong” by setting your limits. We are in the same boat, looking for houses in a similar price range and are consistently surprised, and in some cases, frustrated. We have a good income and are set up well financially (800k HHI, 3m liquid assets, early 30s), but we have always believed that it doesn’t make sense to over pay.

We feel the same pressures as others. We have a 2yo and want to settle into a community, but we have our limits. We know what we think things are worth to us, and we have decided that we will not get pushed into something that feels like an overpay.

Best advice, try not to worry about it, set your budget, stick to it, and pocket the money that you save when you lose. You might find that in a few years you are much wealthier and in a less competitive price point, capable of making a deal that makes sense for you.

My sister was like you and lost so many houses. She ended up buying years later, settling for less, and lost out on the market gains if she had up her price and bought earlier.

Newsflash, prices are not going down. You will just pay more in a few years and uproot your family later to move.

Yep. Just wait until the AI IPO money floods the housing market here. They’ve been hiring like crazy in DC for their federal offerings.

And you think those people would want to live in Vienna? That’s a good one.

Not just Vienna of course but when you have hundreds of people now worth $20M+ living in the DC area (many of them pre kids and looking to settle) it will impact all desirable suburbs around here.

Just look at what happened to real estate all over the Bay Area after the first tech IPO wave via Meta, Google, etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are many options at $2M dollar range

Yeah I just searched and there are several properties between 1.5 - $2M in Vienna. If OP wants to be in Vienna the can be.

Well to be fair, I do have to actually like the house if I want to put an offer on it. I haven't been too selective. I am still confused how everyone is able to afford this housing to have this intense level of competition. We are frequently outbid to a level that is out of our budget. And we have a very high budget.

Foreigners are getting $0 down mortgages. That’s the truth.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Op is asking the right question though… who are you losing to? Answer is people who have more money than you or are willing to do things financially that you are not willing to do.

Op, you are not alone, and you are not “wrong” by setting your limits. We are in the same boat, looking for houses in a similar price range and are consistently surprised, and in some cases, frustrated. We have a good income and are set up well financially (800k HHI, 3m liquid assets, early 30s), but we have always believed that it doesn’t make sense to over pay.

We feel the same pressures as others. We have a 2yo and want to settle into a community, but we have our limits. We know what we think things are worth to us, and we have decided that we will not get pushed into something that feels like an overpay.

Best advice, try not to worry about it, set your budget, stick to it, and pocket the money that you save when you lose. You might find that in a few years you are much wealthier and in a less competitive price point, capable of making a deal that makes sense for you.

My sister was like you and lost so many houses. She ended up buying years later, settling for less, and lost out on the market gains if she had up her price and bought earlier.

Newsflash, prices are not going down. You will just pay more in a few years and uproot your family later to move.

Yep. Just wait until the AI IPO money floods the housing market here. They’ve been hiring like crazy in DC for their federal offerings.

And you think those people would want to live in Vienna? That’s a good one.

Not just Vienna of course but when you have hundreds of people now worth $20M+ living in the DC area (many of them pre kids and looking to settle) it will impact all desirable suburbs around here.

Just look at what happened to real estate all over the Bay Area after the first tech IPO wave via Meta, Google, etc.

You're comparing Silicon Valley to the DMV? The delusion runs deep. Instead of these wild fantasies about exponential growth in Vienna real estate, try investing in the stock market. Real estate just isn't a good investment.