Reply to At odds with spouse ove how much house we can afford

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]I viewed some of the houses linked. I live in a suburban area of Minnesota. I live in a brand new home (built 2005) that is actually more spacious than most listed, certainly newer, over 3000 sq ft with 5 bedroom, 3 bath ... and paid $389,000 for it. It is incomprehensible to me, the cost of real estate in DC area. I hadn't realized when I read the OP that $1.7 million in DC would be equivalent to around $400,000 where I'm from. Salaries have got to be much higher there. We'd never be able to afford a million dollar home, and from the looks of homes in that price range, they'd be a huge step down for us, too.[/quote]

Enjoy Applebee's![/quote]

And Red Lobster.  How is your house in Minnesota relevant.  Your $389K in a 'burb of Minnesota, Cleveland and the rest of flyover country will buy a 1bdrm condo in DC, nothing fancy. A 850k original detail, 4 bdrm, 3.5 bath Logan rowhouse will buy a 1 bedrm, 1 bath coop in Manhattan.  Since real estate is all about location, location, and location - your comparison is ridiculous.[/quote]

Applebees and Red Lobster, representing. Also, land of lutefisk. I followed a link to the DC board and enjoyed the ... heated exchanges, so I'm here to stay. Wasn't really trying to make a comparison ... I was just astonished at the differential between what $1 million buys in DC vs. The Land O' Lakes (and mosquitos). I seriously cannot wrap my brain around what kind of serious $$$ we'd have to make just to afford what appears to me to be very nice, but middle to upper-middle class homes (and this scale means something to me only .. again, not making value comparisons, just trying to wrap my brain around the differences).  I was actually just wondering if salaries are higher in DC, in accordance with the huge differential with the price of real estate.

I did enjoy the snark, bitches :D [/quote]

You're welcome.  I was the one who chewed you out and it's hard to believe that you had NO IDEA that the COL was so much, much higher in major urban areas like DC, NY, and SF.  Enjoy living in your bubble of total ignorance, and thanks for making everyone in the Midwest look like an uninformed hick.[/quote]

Thanks for making everyone in urban sprawl look like snarky, pretentious jack-anuses.[/quote]

Urban sprawl?  That's an oxymoron, buddy.  I live in a 90 year old house in the middle of a densely packed city.  Sprawl is what happens in a 50 mile ring around major cities when people want to buy 3000 sf McMansions.  That's fine if that's what you want, but that is reality.  [/quote]

3000 sqrft is not a mcmanion and is an average size for a family of 4[/quote]

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