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Real Estate
Reply to "How are you able to afford the DC area - from an out-of-towner?"
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[quote=Anonymous][quote=Anonymous]We make just over $250K, have modest debt (student loans only) and worked our bums off saving to afford a $750K SF house. This means no vacation, no extravagant eating, no new car even though we could technically afford it. We saved nearly $120K in four years by saving, saving, and saving (maxed out our retirement too) and by living outside the beltway while renting to keep costs down. For three of the four years we had an infant too, so daycare costs, etc. When we closed on our house, my husband was wearing frayed five year old khakis - his only pair. It can be done.[/quote] PP here - we moved here from the midwest and have similar HHI to my inlaws... I actually think we now might make just a tad more than they do. BUT, my inlaws live way better and more extravagantly than us. Their lifestyle involves spending more money on "stuff" and not watching the pennies... Honestly, a dinner out at applebees once a week adds up![/quote]
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