Why are people in the DC area so...greedy?

[Anonymous]

Anonymous wrote:Comparison is the thief of joy

I'm not sure if it is the same poster who always posts this, but I love it when it gets posted. It is such a good reminder for this forum. So true.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:When you have 150k in student debt and your average house costs close to a million dollars, you pretty much have to milk your salary as high as possible.


15-20 years ago, a 100k salary could buy you a nice SFH for about 400k. Now, 100k salary isn’t even enough for a 20% down payment on a house.

20 years ago, people were happy with a 1600-1800 sqft house. Now, starting is 4000 sqft.

That’s not people’s fault. It’s minimum lot sizes and nimbyism.

Thi

I prefer a house around 2500 Sq ft. It’s the perfect size for a family of 4. But I can’t find any unless they’re either shacks or McMansions. The market is nuts.

+1

No in between, seemingly. People think they want the big house until they have it, and realize that it is not all that. But there are no medium sized houses, it seems - at least those which are not hideous; and most people don't want the old small brick box houses that have some else's make shift add ons, with zero storage, plus low ceilings. So, they buy the big house, if they can, and make it homey.

There are in betweens but they go really really fast.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:When you have 150k in student debt and your average house costs close to a million dollars, you pretty much have to milk your salary as high as possible.


15-20 years ago, a 100k salary could buy you a nice SFH for about 400k. Now, 100k salary isn’t even enough for a 20% down payment on a house.

20 years ago, people were happy with a 1600-1800 sqft house. Now, starting is 4000 sqft.

That’s not people’s fault. It’s minimum lot sizes and nimbyism.

Thi

I prefer a house around 2500 Sq ft. It’s the perfect size for a family of 4. But I can’t find any unless they’re either shacks or McMansions. The market is nuts.

+1

No in between, seemingly. People think they want the big house until they have it, and realize that it is not all that. But there are no medium sized houses, it seems - at least those which are not hideous; and most people don't want the old small brick box houses that have some else's make shift add ons, with zero storage, plus low ceilings. So, they buy the big house, if they can, and make it homey.

Yeah the big house with a family of four makes no sense. People think they want all the space but most rooms will just sit empty unless you have visitors during the holidays.

+1

Even WITH visitors for the holidays, most of the rooms are left unused. Builders are too concerned with the bottom line and maximum profit, so they build these over the top monstrosities that no one needs. Not to mention, the hideous farm styles that are being built now.

NP We have a multi-generational family and a dual WFH couple so we use all of the rooms on a daily basis, except for one guest bedroom.

[Anonymous]

5 pages of nothing. Greed. You called it OP. Like DCUM will give you a straight answer when you are holding up a mirror.

[Anonymous]

Anonymous wrote:300k is not bad for the United States overall, but is very average for the DMV area, AND especially - 200k is pretty low for sometime with 10 years of experience in Tech, and 100k is pretty low for someone with 10 years of experience if finance. These are 2 specific
Fields where Iwould totally expect to be paid substantially more.

Wow. So many different ranges in tech. I have 20 years of experience. $130k in tech. Not management.

[Anonymous]

Anonymous wrote:

Anonymous wrote:300k is not bad for the United States overall, but is very average for the DMV area, AND especially - 200k is pretty low for sometime with 10 years of experience in Tech, and 100k is pretty low for someone with 10 years of experience if finance. These are 2 specific
Fields where Iwould totally expect to be paid substantially more.

Wow. So many different ranges in tech. I have 20 years of experience. $130k in tech. Not management.

In the DMV?