Reply to I used to think a million dollar house would be a mansion

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I must be doing something wrong with my life. 29 affording a million dollar home. Jesus![/quote]

Yeah, you weren't born to multimillionaire parents.  I can't believe the wealth here among young people.  [b]And no, being a dual fed couple or a law firm associate does not quite make it add up. [/b] No one can deny that there are a lot of people here with inherited wealth.  There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s.  Wow.     [/quote]

Actually it does.  You can definitely save 300-400k over the course of 4-5 years if renting a relatively inexpensive apartment and no children in the picture. 
[/quote]

Excuse me, but where does one rent an "inexpensive apartment" in this area such that they can save 300-400K in 5 years?  Just wondering.  [/quote]

We rented a studio apartment in an older building in Ballston until July 2016 at $1,250 per month and it included utilities. We saved my entire take home of roughly $70k for 4 years and had $500k when we bought a $1,649,00 new built in Arlington.  When we moved our landlord raised rent to $1.300. [/quote]

Wow, enjoy that mortgage and taxes! We live in a $600k paid off house. For what you spend on taxes alone every year, we send our kids to private school and pay for international vacations. [/quote]

Fortunately, we travel internationally for work and are able to blend vacations in with business travel.    No children yet, but expecting first in February  We will do parochial schools, but they are less expensive than private schools.  [/quote]

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