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[quote=Anonymous][quote=Anonymous]Seeing house prices as they are today, how do people afford the $1M+ houses/townhomes that will amount to nearly $9K-$10K/month mortgage? Plus I see them switching to newer cars every so often. These are two income software professionals in the household, and I don't understand the math. What am I missing?[/quote] DC has a mix of population. There are many who can afford $1M+ houses but there many more who cannot. Lawyers, doctors, some really big federal contractors who have multiple people employed on long term contracts can easily afford high end houses. Professionals who work 2-3 jobs including moonlighting can also afford. I don't think you are missing anything - you belong to the normal kind of population. The best solution to owning high end houses with a normal, steady income is to move out of DC into a LCOL city. [/quote]
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