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Reply to "What can we realistically buy with $250K HHI?"
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[quote=Anonymous]For what it's worth, you don't need to spend $1M, especially if you would be willing to live in a townhouse, a smaller SFH, and/or have a longer commute. Look at Rockville, look at some areas of NOVA that are farther out. This is what we're doing. Not everyone needs to live in Arlington or Bethesda. Look at school data sliced by SES - "good schools" aren't necessarily better or have magically better teaching, they just have more high SES kids. It's less a question of what's good vs. what proportion of high SES/high performing kids to help achieve a culture of higher expectations. Does the school have a solid cohort of kids who perform well and curriculum to help higher performing kids? If you have less than that to put down, good luck. We expect to live very tight the next few years while praying to the interest rate Gods that we can refinance within a few years.[/quote]
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