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Reply to "How are you able to afford the DC area - from an out-of-towner?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Another out of town lurker here with a prospect to relocate. Many of you seemed to earn a bundle in the 90s before the housing boom. I was still in high school then. How do people in their early 30s and younger manage in DC?[/quote] We're early 30s and struggling to get ahead in this area. Many of our peers of the same age group bought at the height of the housing market and have seen their house depreciate by up to $150K. We bought places we could afford at the time and are now stuck in tiny condos/houses with kids when we expected to sell before having kids. I think so much of how well you are living in the DC area is based on when you purchased your home and those of us in our late 20s/early 30s often just missed the boat.[/quote] Forgot to add that people here have kids later than elsewhere in the country. I had my first at 30 and am the youngest mom at my DC's school.[/quote]
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