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[quote=Anonymous][quote=Anonymous]I’m OP and I appreciate all the different answers assuming y’all are honest. And I respect the people who honestly disclose the hard work, grind and hustle it took to get there.

However, I just don’t see the numbers adding up. I’ve been a job seeker and I know the job market. I also know the housing market. By definition, only 1% of us can be the top 1%. Where are all the rest of the middle class people like me hiding? In their small outside-the-beltway condos and used Priuses? I just feel like I’m missing something here. The hidden high paying job market. [/quote]

no- you are missing the immigrants who live with their parents in a W school district, no student loans and whole family goes in on real estate business, lot of them living in nova and MOCO. You missed the people who's parents pay for their down payments, kids private school, or grand parents provided a 50k/100k trust fund that they know they won't touch until their own retirement so they can save for a down payment. I dont know anyone who paid for their down payment straight up out of their earnings- everyone I know in DC or close in had a loan from family, it might not be outright money that they get a gift, it might be that they have to pay it back when they sell the property or that they moved in with their parents rent free for a few years to save on rent, it might be their brother loaned them the money who makes bank from ambulance chasing law or Silicon Valley, parents who lent them money to buy the business they currently successfully run and have grown while they live very simple lives.. it can be a little bit of help but just going to college, getting a job and paying for things like SFH is so rare that I dont know anyone in a multicultural, multi ethnic and multi-religious cohort of like 25 people all over the Washington area who have done it.  I am sorry but I dont know more than 25 people well enough to know the ins and outs of their financial lives but im pretty gregarious so not too shabby for someone short of a RE professional.  every single one of the adults I know who have bough in this area had family help- from down payment from parents to drs who lived at home through residency. Everyone else moved away. [/quote]

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