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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][quote=Anonymous]It's never been the case that young families without help could buy right into the poshest suburbs in DC. OP's premise is ridiculous.[/quote] I guess it depends on your definition of the "poshest suburbs" but my parents were a fed and a teacher and they had no problem affording a house in upper NW in the 1980s. And it's not like they were an anomaly, I had plenty of friends in the neighborhood whose parents were average white and even blue collar workers. Also your premise is ridiculous as well. You can't buy in a nice neighborhood EVER nowadays without wealth, never mind "buying right into" one. The era of storming up the property ladder with starter home values doubling every few years in DC is over. If you're not in the top 3-4% of incomes making $500K+ you'll simply never be able to afford to live in Upper NW/Bethesda/N. Arlington. It didn't used to be that way. [/quote] So what? The most desirable neighborhoods change with time. In the 1980s, NW DC was not what it is now. There are plenty of other places to buy that are perfectly fine.[/quote]
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