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Reply to "Do you know people who have money but aren't buying a home?"
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[quote=Anonymous]Until recently I was them. We were thinking about moving out of state. Also, we wanted to live downtown and go to bars and restaurants when we didn't have kids (so rent 1 bedroom) but we knew we would want a 3 bedroom house somewhere quieter and not in DCPS in 3-5 years. It didn't make sense to pull the trigger until kids were in the picture. Money was not a problem. We saved $300k in nonretirment by the time we bought a house. Fwiw it doesn't sound like your friends who are shit talking really know much about money and investing.[/quote]
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