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Real Estate
Reply to "If you were born in 1990, how do you plan on ever affording a house?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So you have to live in BFE Virginia to afford a townhouse less than 200k? Wow. The housing market is even worse than I thought If there's anywhere in this country you would think would have reasonable prices, it's rural Virginia, which is like Appalachia-trailer-park territory. We really are screwed.[/quote] This is exactly what I'm taking about. You do NOY have to have a SFH with a short commute for your first home. Your straw man is ridiculous. If you actually wanted to purchase a home, starting with a town home in PG County or elsewhere and taking public transportation is a necessary evil in eventually getting a closer in, nicer home. What you keep sneering at is anything less than a SFH in DC proper at $500k, which, yes, is out of most people's reach for a starter home. Ignoring all the options between that and rural West Virginia and throwing up your hands in defeat is what makes people roll their eyes at your generation[/quote] I don't want that, and I am not the OP you were responding to. What we are talking about is, in terms of inflation, housing stock that has become increasingly unaffordable in anything approaching an area that many would like to live in. It's okay to want to live in a close in, nice suburb and not have to commute an hour plus twice a day to get to work. What we are talking about is the total and complete lack of "starter homes" in close in Washington. What we are talking about is home prices that have sky-rocketed compared to what our parents were dealing with, let alone grandparents- an almost unprecedented pricing out of young people. But, you just want to do the "This is your fault- you're not okay with living out of a van in the George Washington forest, whiny millennials" spiel. Who am I to ruin that simple pleasure for you [/quote]
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