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Money and Finances
Reply to "Mr. Money Mustache- DC version"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]08:15, your real estate comment is exactly what everyone complains about here. Your $1m starter home is not mustachio, it's a huge problem in this area.[/quote] Not PP, but my $1M home in DC cost me $140K. (It's not worth $1M yet, but by the time I'm ready to cash out, I wouldn't be surprised if it is.) PP was projecting the future value of her home, which she clearly purchased for much less.[/quote] This is 08:15 and yes we paid much much much less than $1m for our home. We are lucky to have bought at the right time, as are most other people who bought pre 2003 or so. For someone whose hhi is under $100k and doesn't already own or have a big down payment, it's very tough. But for all the people on this board who moan about not having enough with a $400k hhi, they have real choices. [/quote]
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