s/o How old are you? What kind of house do you live in?
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Anonymous
My parents paid but not that much-this was 20+ yrs ago. But I have no desire to shackle my kids to 200k + in loans to pay for undergrad. we'll pay for their education as our parents did for us and happy to do it. I consider it part of being a parent and can afford it. |
Anonymous
You can afford it - that's the key. Most middle class families cannot afford to pay cash for a college education. That does NOT mean they are not parenting. |
Anonymous
| If the parent cannot afford the tuition and they have to take out that much in loans to pay for college, the parent should have the sense to tell their child that no undergraduate education is worth that kind of crippling debt and find reasonable and less expensive alternatives like in-state public. |
Anonymous
| 41 years old; 1.2 million SFH in Chevy Chase, D.C.; HHI of $320,000.00; 2 kids in elementary school |
Anonymous
| 31, 36, live in tysons small 2000 sqrft rambler bought for $560k, also bought a condo for 270k nearby that we can't sell and are renting at a loss, planning to build a new house on a tear down to recoup and rent out our current place at a loss. income $230k a year. |
Anonymous
| to add to the above, one 2 year old w/ a nanny and soon to be preschool (FYI nannies are expensive if you are doing it the legal way, 2600+ a month) |
Anonymous
| 22:14/15 - why are you going to build a new house and rent out two properties at a loss? Just curious. I didn't really understand your post. |
Anonymous
| 32 and 35 with one DD in daycare. Just bought a 400k 3 bedroom TH in West Springfield. Lovely neighbors, lovely view, good schools and no yard to deal with! |
Anonymous
just curious about the "no yard to deal with" Are families actually seeking out places without yards? I would have thought that the goal would be to have a yard for the kids to play in. Do families with no yards seek out places close to a park/playground or something? We lived in a TH with a child for 5 years. We even lived close to many parks and playgrounds, but I know having a fenced in backyard was a HUGE part of our recent home search. It didn't have to be big - just enough space for our child to run around close to home. I realize thay downtown living is different than suburban living. I'm just trying to figure out if people in the burbs are actually seeking out "no yard" |
Anonymous
PP here. We weren't seeking "no yard" per se, but we found this place we really like that backs to parkland and a lake. We do have a small area that we could fence in, if we choose. Our DD is pretty small yet, and we may change our tune in the next 5 years or so, but for now, it works for us 
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Anonymous
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36/44 and we live in a 3br/2.5ba rowhouse on the Hill. We bought 7 years ago, so I guess we were 29/36 back then. Both DOJ lawyers, no family money. Just super lucky that banks were making crazy 0% down loans at that time, and that we have steady, sufficient incomes that have allowed us to refinance to something sustainable for the long term.
DH would like to be in the suburbs, but we literally have a 10-minute commute, a grocery store around the corner we can walk to, and a metro station across the street. We are not budging. |
Anonymous
In clarendon a block from Metro. We have a SFH with a small yard. We didn't want lots of yardwork. We moved from the city where we had no yard--just brick patio. The yard now is perfect...fenced in for kids to play, bbq area- but can be mowed front and back in about 10-15min. Many parks to walk to nearby which is where we head evenings and weekends. The kids mainly use the yard for unsupervised kid play. I am happy we have some yard--but def. didn't want tons of land or no ability to walk everywhere (grocery stores, gym, school, restaurants, etc) |
Anonymous
| Townhouse rentel is heaven for us, with no family handouts. |
Anonymous
OK, I was the poster who posed the question. Our yard is only .25 acres, so it isn't like we got a LOT of land. Our lawn can be mowed in maybe half an hour? We basically wanted the same thing as you. Outside space for unsupervised play is so wonderful and something that was sorely lacking in the TH. |
Anonymous
Housing prices have gone down so low that it makes sense to buy something now to recoup what you have lost in the past. Basically we can buy a larger house for less then what we paid for our current house which would offset the negative rental income. |