Reply to HHI is around $120k -- are we the only ones on here?

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Reply to "HHI is around $120k -- are we the only ones on here?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How do you afford rent or a house around here? [/quote]

OP here. We bought about eight years ago, so prices were not quite as insane as they are now. We are very good savers, so we were able to put down more than 20% (no help from family, who have less money than we do) and get good terms. Housing still eats up a good chunk of hour monthly nut, but we are frugal in other areas (don't eat out a lot, don't spend a ton on clothes and other extras). I think we actually assumed that by now we would have sold our place and moved outside the city, but then we decided to stop at one kid and when we looked at houses in the suburbs, we just couldn't stop thinking about all the stuff we'd give up, like access to free museums, being able to walk or bike most places, socializing with our friends, and living in a more diverse community. We also just didn't find a town in the suburbs that called to us. Many are as expensive as the city (bigger homes, yes, but we don't really need a five bedroom house anyway) and those that aren't just feel kind of sleepy compared to what we're used to.

I am grateful we bought when we did. I think if we were still renting, we'd have had no choice but to move (or leave our jobs for the private sector so we could earn more). The amount rents in the city have gone up since we last rented is jaw dropping.[/quote]

Dear lord, it gets worse and worse. You've been employed after college for 8 years and this is all you are making??  My DH and i were making a combined HHI of 110k back in 1999 when we graduated college. 
WTF is wrong with you, PP? 110k combined is a perfectly respectable income out of college.

Did you buy an ADU? I hope so because you certainly would have qualified with that income. [/quote][/quote]

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