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Real Estate
Reply to "Monthly fees are $1500 for the new luxury retirement enclave in McLean"
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[quote=Anonymous]If you ever looked at condos in DC, you'd know that $1500 is typical, even over $2000, for a 2-bed in nicer buildings. A PP commented about wealthy boomers. But people are overlooking that gen X and millennials, at least the top 20%, are going to be even richer due to fat 401ks and inheritances and I expect costs for premium independent living communities to only soar. I'm still 20 years from retirement but market gains and investments and likely share of parents' estate has me realizing I'm going to have a lot more in retirement than I ever expected. [/quote]
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