Reply to There is no housing crisis in MoCo or most of the DMV for that matter

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=reggie14][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Do people not understand there’s a shit ton of cheap housing in this area? PG, most of Silver Spring (it’s a massive area), Gaithersburg, etc? No one needs to move to Iowa. You just maybe can’t afford to live in Bethesda. Neither can I. [/quote]

Define "cheap".

I don't understand why people believe this is a "Evearyone wants to live in Bethesda!!!!!!11111" problem. [/quote]

The median Montgomery household ($125,000) can barely afford a townhouse in Clarksburg($500,000ish).

Denying the housing crisis is the new denying the crime crisis. [/quote]

Which is why it’s a GOOD thing that developers are focusing on building more apartments and condos that the middle class can actually afford.  Not everyone can afford or should be trying to buy a house.  I’m sorry but it’s true. [/quote]

Real middle class cannot afford $500K.[/quote]

Real middle class in metro DC can. Two government workers are easily making 150-250k.

Two police officers making 160k combined can afford a 500k house. It may be tight but they can easily do it. [/quote]

You're describing the upper range of government pay, not purely middle class. And certainly not young-family middle class.[/quote]

No I’m not.  Per MCPD(below). Two first year officers are making 130k+. That’s solid middle class and can afford a 500k home. Stop complaining about nothing.

Starting Salary for police officer candidates is $64,556 a year. Starting salaries based on police or military police experience:
$66,818 – 1 year experience     
$69,156– 2 years experience       
$71,576 – 3 years  experience         
$74,081– 4 years experience        
$76,678 – 5 years experience  
[/quote]

You're not buying a 500k house on a 130k income if you have kids. And certainly not if you're still paying off your student loans. You can't be that dense.[/quote]

Who says the cop with 2 years
Of experience had kids?? They don’t even need a college degree so why would you assume they have college debt?

Go to Montgomery college, become a cop, work 10 years and you’ll
Be 32. If your spouse has an identical job you could be making 160k with zero debt and solid benefits. If you can’t afford a 500k house with a kid or two in public school you’re a moron. That’s not societies fault, it’s yours.

[/quote]

I take it you haven't looked at daycare prices in a couple decades.[/quote]

I have a kid in daycare that costs me 2,900/mo. I’m aware. I’m also aware
The costs are dramatically lower further out.

What is wrong with this house out in Montgomery Village for a young family?

https://www.zillow.com/homedetails/19845-Billings-Ct-Gaithersburg-MD-20886/37221907_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

With 10% down it’s just over 3k a month. Add in 1,500 for a modest daycare and they are starting at 4,500.

If they make 160k combined as two cops with 5-10yrs experience they should be taking home at least 10k a month depending on retirement savings. Can this family not survive on $5,000 of disposable income? Or is that address just too “boring” and they need to live in Chevy Chase?[/quote]

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