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Reply to "How does anyone find a job that pays enough to afford a home here?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Out first house cost 500k and we lived in it for 11 years. You need a starter home.[/quote] Starter homes in DC are <$1M. Not everyone is willing to have a 2 car, 1 hour commute lifestyle. And you have to go REALLY far out for prices to get lower than one mil. [/quote] Oops meant >$1M obvs. [/quote] Just because you don't personally find the numerous sub-$1MM starter homes available to you acceptable doesn't mean they don't exist. You keep crying, moaning, and renting, I'll keep building equity while I'm paying my $2,200 single family starter home mortgage that also allows me to invest thousands of spare dollars a month and let's see who gets a million dollar home first. [/quote] +1 This is what we did. Our starter home was in a neighborhood that would send much of DCUM running for the smelling salts. That fully-paid off house helped us get into our current $1.5M home. [/quote] Name the neighborhood. Do you have kids?[/quote]
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