Reply to How are you able to afford the DC area

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[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]

DCUM isn't always a true representation of the area because the posters here tend to be (or claim to be) fairly affluent.  That said, this is a very expensive area. I'm 33 married with 2 kids. Moved here from the mid-west right after graduation.  We rented until last year, so we missed the whole "buy a condo for nothing and sell it for big bucks" thing that a lot of people on here seemed to do.  Our HHI is about $145k and we just bought a townhouse in Alexandria for $350K.  We have a 5 minute bus ride to a metro stop and if there is no traffic we can drive downtown in 10 minutes.  Our townhouse is in a walkable area (restaurants, bars, shops, etc.) We did have to make some sacrifices -- while our neighborhood is GREAT and our neighbors are wonderful, it is not one that many people on DCUM would consider (probably a little colorful for the tastes of many).  Our home needed some work so we've poured about $40K into it.

I have friends back home who paid half what we paid and live in mansions. Alternatively there are other options for people here who want to pay under $450k and not live in Ashburn.  It just takes some creativity. [/quote]

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