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Reply to "Why do people buy houses on the basis of 2 salaries instead of 1?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We bought on one. Currently DINKS with $300K+ HHI; bought a lovely townhome close to everything but in a neighborhood many people on here look down on. With all the fed job uncertainty we are SO grateful we made this decision (neither of us are Feds but work for companies that do a lot of fed contracting). [/quote] You should have just moved further out. Townhouses are a TERRIBLE investment, and you are absolutely right, people hate hanging out with people with townhouses. Playdates are a pain because there's no yard and no parking, no one wants to visit because there's no parking, on and on.[/quote] Not everyone wants a soul-sucking commute. Glad it's working for you though.[/quote] You’ll see. I speak from experience, and why do you think your job won’t change or move over the next 20 years?[/quote] I'm sorry you regret your townhouse purchase, but where you purchased that townhouse is also a factor in its appreciation rather than just the fact that it's a townhouse. We live in a SFH BTW, so I don't really have any skin in your argument, but we have friends who live in townhouses and I have no problem visitng them. Actually we see them more than the friends who live an hour out. FWIW, those big exurb houses took a pretty big hit in 2008.[/quote]
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