I was so close and now I’m shut out

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

You don’t always get what you want in life, kindergartner.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

You don’t always get what you want in life, kindergartner.

Sure, but when do you have to pay hundreds of thousands of dollars plus 6.8% in interest for it?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Lower you expectations or make more, maybe get married

No one wants to marry me I’m 50.

1. This is a blessing, OP. It means you won't lock all your money into a house, which is never good at your age.

2. Go to a lower cost of living area around here, where you can still have a decent commute, since you don't need to worry about schools. There are plenty of safe but affordable areas.

3. Bonus: I'm sure you'll find a lovely community, and perhaps a life partner, while doing that. Best of luck!

I do need to worry about schools. I have two kids.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

You don’t always get what you want in life, kindergartner.

Sure, but when do you have to pay hundreds of thousands of dollars plus 6.8% in interest for it?

Nobody forced you to buy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

You don’t always get what you want in life, kindergartner.

Sure, but when do you have to pay hundreds of thousands of dollars plus 6.8% in interest for it?

Buy. Something. Cheaper.

Or not, whatever, but don’t act like you’re poor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Lower you expectations or make more, maybe get married

No one wants to marry me I’m 50.

1. This is a blessing, OP. It means you won't lock all your money into a house, which is never good at your age.

2. Go to a lower cost of living area around here, where you can still have a decent commute, since you don't need to worry about schools. There are plenty of safe but affordable areas.

3. Bonus: I'm sure you'll find a lovely community, and perhaps a life partner, while doing that. Best of luck!

I do need to worry about schools. I have two kids.

Buy a 2 or 3 BR condo in Bethesda.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

You don’t always get what you want in life, kindergartner.

Sure, but when do you have to pay hundreds of thousands of dollars plus 6.8% in interest for it?

Everyone knew interest rates would only stay at historic lows for so long. Low rates actually lasted much longer than we expected.
During this time, OP had her down payment for a $1.2 mil house and just sat on it, waiting to see if she could get something better - one extra room, a bigger yard, better street. So yeah it sucks now rates rose so fast she can’t buy what she wanted. But it also sounds like she was a bit picky and greedy, remaining on the sidelines holding out for more, with the low interest rate clock ticking.

So I get that it stings she will now have to pay even more for less. I would be kicking myself, too.

But don’t repeat the same mistake thinking better will be just around the corner. Lock something in now before rates go any higher.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

I didn't say buy. I said find (buy, rent, barter, couch sit, whatever). Sometimes we can't afford what we want in life, and we have to make other plans.

It is sad when this is happening to someone who literally has very few resources. It is a lot less sympathetic when coming from someone who could still afford a million dollar house but doesn't think they're good enough. Fact it, she still has many more resources than the majority of people, that's why she's coming off as tone deaf.

What is "tone deaf" is to pretend that if OP can afford $1 million at 6.8% at age 50 ( not at all clear from her posts) that makes her more privileged than the typical DCUM poster. Or to pretend that $1 million buys you some huge house on Bethesda.
- owner of $600k home in the Einstein cluster

No one said $1 mil would buy you a huge house in Bethesda. But it can buy you something reasonably close in and large enough for three people.

Why do you think the typical DCUM poster is so pricelegee when you and many others have posted about living in townhouses far less than $1 mil?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

I didn't say buy. I said find (buy, rent, barter, couch sit, whatever). Sometimes we can't afford what we want in life, and we have to make other plans.

It is sad when this is happening to someone who literally has very few resources. It is a lot less sympathetic when coming from someone who could still afford a million dollar house but doesn't think they're good enough. Fact it, she still has many more resources than the majority of people, that's why she's coming off as tone deaf.

What is "tone deaf" is to pretend that if OP can afford $1 million at 6.8% at age 50 ( not at all clear from her posts) that makes her more privileged than the typical DCUM poster. Or to pretend that $1 million buys you some huge house on Bethesda.
- owner of $600k home in the Einstein cluster

No one said $1 mil would buy you a huge house in Bethesda. But it can buy you something reasonably close in and large enough for three people.

Why do you think the typical DCUM poster is so pricelegee when you and many others have posted about living in townhouses far less than $1 mil?

*priveleged

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

I didn't say buy. I said find (buy, rent, barter, couch sit, whatever). Sometimes we can't afford what we want in life, and we have to make other plans.

It is sad when this is happening to someone who literally has very few resources. It is a lot less sympathetic when coming from someone who could still afford a million dollar house but doesn't think they're good enough. Fact it, she still has many more resources than the majority of people, that's why she's coming off as tone deaf.

What is "tone deaf" is to pretend that if OP can afford $1 million at 6.8% at age 50 ( not at all clear from her posts) that makes her more privileged than the typical DCUM poster. Or to pretend that $1 million buys you some huge house on Bethesda.
- owner of $600k home in the Einstein cluster

No one said $1 mil would buy you a huge house in Bethesda. But it can buy you something reasonably close in and large enough for three people.

Why do you think the typical DCUM poster is so pricelegee when you and many others have posted about living in townhouses far less than $1 mil?

DP but you will find just as many posts saying “$400,000 is nothing” “$1 million isn’t really a lot of money” when people here complain that it seems like a lot. You get “inflation, how does it work?” snark.

[Anonymous]

OP have you decided what you are going to do? We're in a similar position much lower price point. I guess we'll just keep our eyes open...

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

You don’t always get what you want in life, kindergartner.

Sure, but when do you have to pay hundreds of thousands of dollars plus 6.8% in interest for it?

Everyone knew interest rates would only stay at historic lows for so long. Low rates actually lasted much longer than we expected.
During this time, OP had her down payment for a $1.2 mil house and just sat on it, waiting to see if she could get something better - one extra room, a bigger yard, better street. So yeah it sucks now rates rose so fast she can’t buy what she wanted. But it also sounds like she was a bit picky and greedy, remaining on the sidelines holding out for more, with the low interest rate clock ticking.

So I get that it stings she will now have to pay even more for less. I would be kicking myself, too.

But don’t repeat the same mistake thinking better will be just around the corner. Lock something in now before rates go any higher.

+1 (NP)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

I didn't say buy. I said find (buy, rent, barter, couch sit, whatever). Sometimes we can't afford what we want in life, and we have to make other plans.

It is sad when this is happening to someone who literally has very few resources. It is a lot less sympathetic when coming from someone who could still afford a million dollar house but doesn't think they're good enough. Fact it, she still has many more resources than the majority of people, that's why she's coming off as tone deaf.

What is "tone deaf" is to pretend that if OP can afford $1 million at 6.8% at age 50 ( not at all clear from her posts) that makes her more privileged than the typical DCUM poster. Or to pretend that $1 million buys you some huge house on Bethesda.
- owner of $600k home in the Einstein cluster

No one said $1 mil would buy you a huge house in Bethesda. But it can buy you something reasonably close in and large enough for three people.

Why do you think the typical DCUM poster is so pricelegee when you and many others have posted about living in townhouses far less than $1 mil?

Because I have the self-awareness and common sense to recognize that if we saved up and waited until 50 to buy (when our salaries will be maxed out, no more student loans or daycare costs), we too might feel comfortable buying a $1.2 million house at 2019/20/21 interest rates, and feel pretty bummed if I missed the boat on that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

I didn't say buy. I said find (buy, rent, barter, couch sit, whatever). Sometimes we can't afford what we want in life, and we have to make other plans.

It is sad when this is happening to someone who literally has very few resources. It is a lot less sympathetic when coming from someone who could still afford a million dollar house but doesn't think they're good enough. Fact it, she still has many more resources than the majority of people, that's why she's coming off as tone deaf.

What is "tone deaf" is to pretend that if OP can afford $1 million at 6.8% at age 50 ( not at all clear from her posts) that makes her more privileged than the typical DCUM poster. Or to pretend that $1 million buys you some huge house on Bethesda.
- owner of $600k home in the Einstein cluster

No one said $1 mil would buy you a huge house in Bethesda. But it can buy you something reasonably close in and large enough for three people.

Why do you think the typical DCUM poster is so pricelegee when you and many others have posted about living in townhouses far less than $1 mil?

DP but you will find just as many posts saying “$400,000 is nothing” “$1 million isn’t really a lot of money” when people here complain that it seems like a lot. You get “inflation, how does it work?” snark.

They are different people responding to different questions. Like if the question is, “Why can’t I find a 5-bd in N. Arlington for $1.2?” then the responses will say that’s not enough. But there are other questions where people have lower budgets, list their parameters, and plenty of helpful posters link to lower cost homes.

But people who simply whine because they don’t think they should have to pay so much for a house? Well, welcome to DC! Join the club!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If it was a 25 yo complaining they can't afford to buy a $1.2 million home I would absolutely have less sympathy and so would all of you fools

I would tell anyone, at any age, if they can't afford a $1.2 million home, they should find something cheaper.

It's common sense.

What if you don't want something cheaper? Why buy something you don't want?

I didn't say buy. I said find (buy, rent, barter, couch sit, whatever). Sometimes we can't afford what we want in life, and we have to make other plans.

It is sad when this is happening to someone who literally has very few resources. It is a lot less sympathetic when coming from someone who could still afford a million dollar house but doesn't think they're good enough. Fact it, she still has many more resources than the majority of people, that's why she's coming off as tone deaf.

What is "tone deaf" is to pretend that if OP can afford $1 million at 6.8% at age 50 ( not at all clear from her posts) that makes her more privileged than the typical DCUM poster. Or to pretend that $1 million buys you some huge house on Bethesda.
- owner of $600k home in the Einstein cluster

No one said $1 mil would buy you a huge house in Bethesda. But it can buy you something reasonably close in and large enough for three people.

Why do you think the typical DCUM poster is so pricelegee when you and many others have posted about living in townhouses far less than $1 mil?

Because I have the self-awareness and common sense to recognize that if we saved up and waited until 50 to buy (when our salaries will be maxed out, no more student loans or daycare costs), we too might feel comfortable buying a $1.2 million house at 2019/20/21 interest rates, and feel pretty bummed if I missed the boat on that.

Then why didn’t she buy it then?