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Reply to "$450k condo on $110k salary"
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[quote=Anonymous]If interest rates go up, condo prices will be the first to suffer. Check out the "housing bears" thread in the Real Estate form for another perspective. I'd think long and hard about whether you're okay with your future kids going to D.C. Public schools. I know many people who bought at your age, didn't think too deeply about the schools, and ended up stuck. I'd agree that you should rent a nicer 1 bedroom and invest your money. Check out the rent vs buy calculator The NY Times has. [/quote]
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