Reply to Are we the only family in the DMV who is priced out?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DH and I are early 40s, two kids, HHI 300k gross. We have a downpayment of 300k set aside but are only interested in single family homes that are not total teardowns. We are priced out and have stopped looking.

DH interviewed for a higher paying job this summer but didn't pass the second round. I'm earning the max I can earn with my qualifications. Kids in public school and we are renting right now.

Are we the only ones in this situation?[/quote]

Priced out of what?  You can comfortably afford a house but it's not what you want so stop complaining.  You can buy a $600-700K house comfortably.[/quote]

That doesn’t buy you anything someone making $300,000 with two kids would want to live in here.[/quote]

We make that amount and live in a $400K 1000 square foot house.  It's not about where you want, it's what you can afford at the time of purchase.  Time to grow up.[/quote]

Congratulations, I guess, that you don’t feel bitter that someone making your salary can only afford 1,000 sq ft. A lot of us realize it’s like this because corporations, rich people, foreigners, and foreign countries are buying land and houses for profit and pricing out Americans who earn their paychecks here. It’s frustrating and wrong.[/quote]

It does suck if what you want is a big house. Then I would suggest moving to a cheaper city.

Also, I love the sense of entitlement that comes with making 300k as an HHI. In this area, that is two GS14/15 feds, or two middle managers of medium sized companies. (It is obviously harder to do as a single income, but the point stands.) The idea that you deserve some big house in the close in suburbs of a major city with tons of wealth shows a profound lack of perspective. You might want to see if you can work remotely and move somewhere cheaper.[/quote]
I also love the snobbishness that comes with living in this area and the looking down on federal employees and middle managers, as if they don’t deserve anything other than a sh!t shack last updated in 1972 because after all they are lowly feds or middle managers.[/quote]

I'm not looking down on feds. I used to be one, and I lived in what I'm sure you'd call a "sh!tshack". I think that accusing someone of snobbishness, and then referring to huge swaths of houses in this area as "sh!shacks" is rich irony. These are not decrepit teardowns. They just are not whatever people are seeing on HGTV.

This isn't the fault of foreigners, or corporations, or boomers. It's just that there are lots of special snowflakes like you in this area with these incomes, as well as tons of people making a LOT more. That has driven up the cost of housing. But hey, if you think getting a couple of fed jobs entitles you to a nice house in a close in suburbs, keep weeping and gashing your teeth. [/quote]
Sweetie, go back and read your previous post, the condescension was dripping from it. And then read the one I’m responding to now, which pretty much encapsulates the @ssholery that is synonymous with the close in DC suburbs. [/quote]

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