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[quote=Anonymous][quote=Anonymous]I am completely perplexed as to how so many people can afford a 'middle class' lifestyle in this region where they own a decent home, buy new clothes all of the time, drive a new car ever 5 years or so, save for college, pay for childcare and have money left over for savings.  We make $180HHI.  Not the highest for the region, I know, but according to US census data for the areas of the DMV, in-line with the crowd.  We max out our retirement accounts, live in a modest $1700 per mo apartment, and have no debt.  We drive a very reasonably priced Mazda 3 that is paid off.  We are trying to save for a house, but by the time we factor in the cost of living for everything and sock away savings for retirement, there isn't a whole lot to save per month for a house.  At the rate we can save liquid cash, it'll take quite a long time to have a downpayment on a modest place that costs less than $600k.  We don't have kids yet though.  But for the life of me, I have no idea how in the hell people are affording kids, homes, cars, and new clothes all of the time in this area. Are people really that much in debt or are saving very little for retirement? [/quote]

We are in a similar HHI bracket and borrowed against DH's 401K for our downpayment.  small house for $720,000 a couple of years ago in N Arlington.[/quote]

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