Reply to How many friends or family of yours have left the DC area recently due to the rising cost of living?

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Reply to "How many friends or family of yours have left the DC area recently due to the rising cost of living?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]A friend of our family just recently left the area after finally receiving an out of state transfer after 4 years of waiting. 
She estimates in the 4 years she has been living here she has spent close to 100k just in rent alone.
A few months after relocating here she realized this area was not for her but by then it was already too late. :(

[/quote]

Just on this original calculation: 4 years x 12 months = 48. So roughly $2k/month in rent over 4 years. That seems extremely reasonable. Most of my friends in NYC pay $3k/month just for a studio. One of my family members pays $5k/month in SF. [/quote]

Well, not only quite reasonable, but she spent that on a place to live indoors, so presumably, she did not just flush $100K down the toilet, either.  I get that there are emotional reactions to rent versus buying, but it's not like you get nothing for your rent money.  And why did she stay four years if she realized quickly the area was not for her?  Leases tend to be for 12 months.  Leave if it makes you that unhappy, why wait 4 years for a transfer?[/quote]

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