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Reply to "Does anyone here live very well on very little?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]how does everyone have such low mortgages? did you all buy in the 1990s? [/quote] We live in PG County where homes are cheaper so we have a pretty low mortgage. [/quote] Commute + bad public schools make it not a good option for me. [/quote] I'm just saying let's not act like 'affordable' mortgages aren't available in the DC area because they absolutely are. It's just that you've decided to limit yourself so of course when you see a low mortgage it's surprising to you. I'm not sure where you work, but PG does border DC so it's a good option for many people who want a reasonable commute. Hyattsville, Mt Ranier, Cheverly, etc all border DC. My own commute is around 25 minutes. We really wanted to purchase a home based on one income in case I decided to stay home or something happened to one of our jobs. Real estate is actually in high demand in PG right now as well and is appreciating at a faster rate than any other county in the state. My house has appreciated substantially, so it's not just allowed me a cheap mortgage but proved to be a good investment. http://www.washingtonpost.com/realestate/the-fall-real-estate-market-in-maryland/2015/09/29/45006dec-51aa-11e5-933e-7d06c647a395_story.html [/quote]
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