What is affordable housing to you?

[Anonymous]

Over the past week its' been complaints about pop ups adding density, but not affordable housing and where posters really think $700-800k is affordable.

Not even a GS-14 can afford that price range a be comfortable. What am I missing here? I purchased a fixer upper for $500k EOTP and feel I hit the jack pot.

[Anonymous]

1-1.3 is sweet spot of affordable

[Anonymous]

Affordable is relative.

[Anonymous]

Affordable housing starts at $2.5M
We are trying to buy around Kalorama and there is really nothing affordable there. There is nothing below $3M.

[Anonymous]

Dear PPs, you are delusional to think that 1.1 m and 2.5 m houses are "affordable housing" good for you for having lots of money, but no, that's not affordable housing.

[Anonymous]

Anonymous wrote:Dear PPs, you are delusional to think that 1.1 m and 2.5 m houses are "affordable housing" good for you for having lots of money, but no, that's not affordable housing.

Did you read the title of the thread?

[Anonymous]

500k

[Anonymous]

Anonymous wrote:500k

I'd say under 500K.

[Anonymous]

500 or less

[Anonymous]

Around $800K.

[Anonymous]

If you are really asking dcum what affordable living is don’t expect a realistic answer. They also think 400k hhi is the norm.

[Anonymous]

We bought a $500k in Alexandria city last year and I feel like we hit the jackpot.

[Anonymous]

PG

[Anonymous]

In the DC area a HHI should be the goal 200k. That's 100k for 2 people or 200k for one if you prefer that model. For most college gradudates that is very easy to hit by 30-35ish

So affordable housing to me is around there

That puts the mortage payment at around 4000 a month which is selling price of around 900k

If you aren't at 200k HHI or don't see how you could get there. I would consider moving plenty of other areas of the country where you can be very comfortable on say 100k HHI. The DC area isn't one of them.

[Anonymous]

Anonymous wrote:In the DC area a HHI should be the goal 200k. That's 100k for 2 people or 200k for one if you prefer that model. For most college gradudates that is very easy to hit by 30-35ish

So affordable housing to me is around there

That puts the mortage payment at around 4000 a month which is selling price of around 900k

If you aren't at 200k HHI or don't see how you could get there. I would consider moving plenty of other areas of the country where you can be very comfortable on say 100k HHI. The DC area isn't one of them.

For most college graduates that is not VERY EASY to hit by 30-35ish. I think you operate in a different circle of people. I went to a well respected university, and I’d say that most alumni households in this area have an HHi of $150-$175k