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[quote=Anonymous]A couple of thoughts: 1) People choose to live where they can afford. I am not living in NW DC because I could not afford it. Maybe I could handle the housing costs (I have not looked), but not required 40K/yr for private school. 2) Just because you are in an expensive area and feel tight does not mean that someone earning half of what you do is poor. You may be tight at 400K living in NWDC, paying 80K/yr in private tuition, in 1 million dollar house with 6K/month mortgage, and 1400/month car payments for your two cars, eating up all but 2600 of your monthly take-home pay....I am at 180K, take-home of about 9700/mo. Housing takes out 2K...tuition? 0. FCPS is very good. Cars? $550. (To hell with luxury. I like my Subie). I am at +7K/mo, you are at +2.6K/mo. Before eating, medical care, debt service. You move to my neighborhood (Vienna), you buy a similar sized house for 700K, or a new house for 1.4 mil, you are looking at 6K/month mort., no private schools required. Suddenly, you have 9200/month for food, medical care, debt service, etc. You are then very affluent. [/quote]
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