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Real Estate
Reply to "Buying a house with young kids"
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[quote=Anonymous]everyone i know who didn't go to top of budget thinking they could upgrade later regretted it (myself included). Transaction costs + hassle of moving + really hard to buy a house when you need to sell one (contingency affects your nego power) + inventory super low and will always be low. I don't recommend being house poor but i def recommend buying the house you will need in 10 years when your kids are tweens. The idea that you could price yourself away of families with young kids with a 1-1.5M budget is not correct except maybe if you buy the cheapest house in the most expensive neighborhood (which would be depressing anyway). I live in Takoma in a 1.3M house. Tons of kids around and next door neighbors' houses ranging from 550K to 1.8M in same street. [/quote]
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