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Reply to "It’s extremely hard to raise kids in a nice neighborhood without generational wealth "
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[quote=Anonymous][quote=Anonymous]Nearly everyone making enough to buy in McLean or Bethesda is 35+ and probably 40+. By then you can barely even have kids. If you’re of actual child bearing age you’re probably too broke to comfortably raise a family. Every couple I’ve known who has a SFH in a good zip code and has kids before 30 in this area comes from a UHNW family and buys a house that is 10-20x their annual salary. How many folks under 35 are actually buying 2-3M houses completely on their own without generational wealth? It’s not zero but pretty damn close. [/quote] If you can’t afford the neighborhood then look elsewhere and stop whining about it. And you don’t mean a nice neighborhood you mean a rich neighborhood. There so many nice middle class neighborhoods and yeah it sucks that you can’t live in the neighborhood closest to everything but you’ll get used to it. In my expensive town I know mostly at home mothers who gave up their work to stay home with children, same as I did. Most of the at home mothers have husbands with very high incomes. In the 7 figure range who don’t worry about money. I also have friends who are stay at home mothers who live in less expensive homes in towns where houses are more affordable. We started with a small starter home. I loved the size because we were all very close together. We moved after five years to a bigger house but no mansion. Go for an affordable house and relax. A lot of my wealthiest friends are not happy for a Variety of reasons, mostly their marriages. [/quote]
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