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[quote=Anonymous][quote=Anonymous]DCUM is so discordant.  On one hand, you have the posts where people wring their hands over making *only* $300K per year and say that anything under $200K in this area is poor (which is ridiculous).  On the other hand, you have posts like this where people making what are truly moderate incomes for this area are reprimanded for not being able to make it on said moderate incomes.

It is great that some people were able to buy houses a long time ago for a small amount, but that is not the case for most people.  We have a 60s-era rambler that cost $499K, and that was 10 years ago.  It was the cheapest thing we could find in a reasonably good school district and safe, non-gang infested area.  My commute is too long.  Houses in our neighborhood now go for $650K, and trust me these are not extravagant.  Could we buy a 2 bedroom condo farther out in VA?  Yes, but then I would have a 90 minute commute.

The reality is that it is hard to make it in this area with kids.  Increasingly, the metro DC area is for Biglaw partners and lobbyists.[/quote]

I agree. Our HHI is $160k. Overall we feel pretty fortunate- I was able to pay off my student loans before we had kids (had #1 when I was 35) and DH didn’t have loans at all, so he was able to put $ aside for a house down payment. Bought a shitshack in silver spring in 2012 for $425k and will probably be there for the long haul. Now with 2 kids in daycare it’s tight but manageable, we’ll pay off my car in s few months and DH will drive his till it dies.  My sister and BIL, in contrast, have a HHI around $100k (although should go up when BIL finishes his post-doc) both are carrying student loans in their early-mid 30s, probably won’t be buying a house anytime soon but didn’t want to wait longer to start a family. I don’t blame them, but they are admittedly nervous about it all.  Her job is portable, so if BIL can find a job in his field elsewhere they will likely move away, sadly.[/quote]

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