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Reply to "How does anyone find a job that pays enough to afford a home here?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think salaries have gone way up in respect to housing prices. My house value is pretty much exactly the same as when I bought it 13 years ago with a cumulative of 41% inflation. However, I am essentially earning the same as I did at that time despite numerous years of experience, maybe a percentage point or two increase. So, people entering the market a few years ago have quite the buying power. EG they can afford to go and get themselves a mortgage if they want to buy my house. Even considering the one bright spot of my matriculation was that mortgage rates were rock bottom. That being said, I wish mortgage rates were lower, so that I can raise the price of my house.[/quote] You must not live around here. When we were first striving for a 3br 10 years ago, they were $1M. We thought, oh in 3-4 years we’ll be able to afford that. The same 3brs 3-4 years later were then $1.2M. And now they are $1.6. We cannot earn or save enough to reach the first rung on the ladder. [/quote] You have champagne tastes on a beer budget. [/quote] More likely she has beer taste but the bar is way overpriced.[/quote] Sounds like she wants a 2023 new construction, 5500 sqft, top of the line finishes, sub zero fridge, in a cul-de-sac hood of McLean, inside beltway, walkable to the golf course, movies and coffee shops, and priced at $500,000.[/quote] You got all of that from her stating that they wanted a 3 bedroom house? Get a life, you miserable loser. Oh wait, you can’t! Because you’re spending all your money on your average house lol.[/quote] No worries I have 2 houses over 1.5mm. You sound jelly.[/quote] LOL. Yes, I’m totes jelly of an illiterate adult who says things like you must be jelly. Teach me your ways, girlboss![/quote] Or work harder, once your HHI is over 500k you will find ppl less illiterate 😁[/quote] So you’re both illiterate and moronic? This clap back is non-sensical, girl. [/quote] Just being helpful. I see that being poor made you unfriendly.[/quote] I think I’m the PP you were responding to about buying a 3br. We love smaller than most of our peers and only recently bought our first car (used). My req’s are basically that it be livable. I am fine with 1,700 sq ft and up. I actually prefer old construction as new stuff is trash. Doesn’t need to be redone but with the high prices I would demand that it doesn’t need all new electrical or plumbing throughout. (Hence the word livable.) I’m happy if the kitchen is crummy or whatever. I don’t even need off street parking. NW DC is just too expensive with extremely little inventory. We have kids who go to public school which is why we don’t move into a more marginal neighborhood. My kids will be taking public transit to school (like all DC kids bc the city doesn’t provide transportation) so we have to live somewhere relatively safe. [/quote] Wrong person. Agree Living in a competitive city requires steps to achieve your goals. [b]Your first house will always have something undesirable.[/b] First job will be lowly paid. It takes work to get to a better place.[/quote] This. Our first house was a dilapidated 70s townhouse in a district with a rough middle school. There was drug paraphernalia on the playground. We got out before elementary school, but we couldn’t have bought the nice house we live in now without that first unit and all the sweat equity we put into it. [/quote] Our first house was built in the 1930s and was in bad shape. We couldn’t live in it for months. Ugh, the roaches. It was nice by the time we sold it. We couldn’t fix the school pyramid though. That sale helped us buy our next house.[/quote]
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