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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]30% increase isn't enough unless you're already pulling down $120K+ in Denver. And even then, your standards of living will need some adjustment downward. Quite a bit in fact, because you can't get the kind of home in the DC area you can get in Denver for even 3x the money. [/quote] Making 180k base now. What kind of homes are you talking about though?[/quote] Well, an equivalent $300,000 home in Denver will cost you more than $900,000 here. And I know what $300k gets you in Denver. Here $300k gets you a townhouse in a sketchy neighborhood in MD or VA, with a one hour+ commute. Or it will get you a one BR condo in a cheaper, older building in the city. [/quote] I'm not so sure about that - there has been a huge run up in housing prices in Denver the last 2-3 years - if OP bought more than 5 years ago they could be selling at the right time and cashing out a lot of equity. Sure on comparables DC is still more expensive but lots of $400,000 homes in Denver are suddenly going for $700,000 plus while I don't think similar homes in DC have appreciated nearly as much. Also if you are looking at $900,000+ homes in this region likely you are close in and might be able to ditch a car and reduce your commuting costs compared to Denver which is usually a significant savings.[/quote]
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