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Reply to "can we please, please, retire the term "starter home"????"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's not offensive, you are just pissed that you can't afford a better house. Just because you don't have upward mobility (or want it) doesn't mean we have to erase a commonly used phrase from our vocabulary. Offensive would include verbiage that disparages a protected class. You are just slightly less rich than someone else, that situation does not put you in a protected class, its just kind of unfortunate for you. [/quote] Agreed. This looks like a perfect example of a starter home. It's nice, affordable, in a decent area, and has potential for later equity to sell for something bigger in a few years.[/quote] What’s so affordable about a $600k house? Median home value in DC metro is $400k. In Maryland it’s $290k. And the home ownership rate is only about 60% so lots of people can’t afford to buy at all. Wealthy and entitled people are making a lot of assumptions when they say that your average young couple can buy a $600k house.[/quote] I'm not sure what the point of this post even is.... a lot of what ifs. My what if is that a dual income couple of nearly 200K with a solid down payment of 20% is definitely affordable for 600K house. It's the DC area, I personally think it's laughable that this house would probably go for a million in Arlington based on the land alone, but here we are in 2019....[/quote]
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