Reply to Family of Four on 90k - An Upper Middle Class Existence

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the PP who took a gamble on an up and coming neighborhood is missing the point by making comments about how appreciation doesn't do him/her any good.  It's not the appreciation per se that most of us want.  It's the ability to buy into these neighborhoods close-in with good schools and have a reasonable mortgage that we want.  But they have already appreciated past the point that they are affordable.

I also think a lot of us were sold a bag of goods that if we worked hard and got a good education, we'd be able to afford a solid middle class life.  Instead, we have student loans and housing costs that either require buying in a not-so-safe area or commuting a long distance.  I'm a lawyer and DH is a consultant with an MBA.  We didn't work this hard in life to raise our kids in a neighborhood with all the crime, drugs, and broken bottles you mention.  Sure -- that is an option for people.  But I don't think that is an option most people who want to be middle class dream of.

FWIW, I live and work in NoVa, so taking a chance on charter schools isn't an option for us (my commute would be worse if I lived in the city).  A lot of Northern VA is already crazy expensive and the "up and coming" areas are being bid up by people who can spend more on a tear down LOT (that they're going to build a 1.5 million house on) than I can pay for my entire house.[/quote]

so you don't think you live a solidly middle class life?  [/quote]

You live a MC life, just not an UMC one, which you expected to do with a JD and MBA.  I will say that if you're under 35, just wait...you'll have a lot more money in 10-15 years when there's no longer childcare and your loans are paid off. BTDT.[/quote]

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