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Reply to "Ok can we stop saying $300k is "rich" in DC?"
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[quote=Anonymous][quote] I truly don't know how people afford those houses in NW - nice or not. We left DC in part because even with two adults working what we thought were pretty reasonable jobs, there was no chance of affording a house we actually wanted to live in. We weren't anywhere close to $300k, and did/do have student loans still, but - I dunno; it seemed nuts still that at what by all objective measures was a comfortable HHI, we felt we had so few appealing housing options. [/quote] There's two options, and actually, both of them could be applicable: (1) people inherited some of the money for a down payment on a nicer house. (2) people have different standards for a house that they want to live in. I grew up in a small apartment in Brooklyn, so my standards of what a "nice" or "spacious" place is are probably different than someone who grew up in a large house in the midwest, even though the cost of the house and my family's apartment were probably close.[/quote]
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