Anonymous wrote:
Anonymous wrote:All the people saying they bought affordable starter homes probably did so 15-20 years ago and don’t know what the market is like now.
Condos barely appreciate in value. Lots of condos in DC look affordable until you dig into the HOA costs. They can be $2000+ a month depending on the building. Renting a crappy apartment to save money makes sense, but buying is a tough sell.
Townhomes these days are often going for $800k+ even in the suburbs.
The market in DC is just crazy. And if you have school aged kids and need to be in a decent district, forget about it.
Or under $600k.