Reply to How are you able to afford the DC area

Forum Index » Real Estate

Reply to "How are you able to afford the DC area - from an out-of-towner?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]This thread originally started as "how do you afford DC." Then it morphed into "convince me to move away from a dirt-cheap area that I love."

I give up. [/quote]

To be more precise, "Show me how you afford to live a decent life in DC, because when I run the numbers it looks as though we'll be totally poverty-stricken, live in a slum, and have to dig in the sofa cushions to take Metro to the great free/cheap stuff."

I used to know how to live in DC, because my salary bore some relationship to my housing costs.  Now it just seems wildly abstract.  We're packing now.  How are we going to make this work?

PS - If you live in one of the most expensive cities in the country, everywhere else is not "dirt cheap."  It's, like, normal to be able to buy a house for double-ish your annual income.  [/quote]

I am from SF, it was never possible there to buy your home on double your income unless you were making big bucks even back in early 90s.   Yes, there were some homes to be had for 200K (mostly dumps), but 100K a year was a lot of money back then, it's like 300K now.

The point here is, if you are OP, is that you are making a very high income probably for your area, you are probably at the top 1% there and here in DC you won't be.  So, that is why you feel like your quality of life is much better.  It won't be better in any higher COL place where you realize you are not a big fish in a small pond but a small fish in a big pond.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics