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Real Estate
Reply to "Shocked at how many families in nice DMV neighborhoods are living in relatives' homes"
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[quote=Anonymous]Of course this happens. Lots of kids at our Chevy Chase Elementary school who are living in their grandparents' homes. Yes, some of them must be a bit crowded, but it's nice for them to grow up in the warmth of extended family, the kids get to go to a better school district than their parents might have been able to afford otherwise and presumably can save for a down payment while they live with mom and dad. The people who can afford SFHs in close-in expensive areas are typically Big Law, lucrative specializations in medicine or have finance jobs [/quote]
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