Reply to At what point did you throw in the towel because DC is just too expensive?

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[quote=Anonymous][quote=Anonymous]We moved here almost 8 years ago with tons in savings, CDs, no cc debt and retirement accounts large.  Fast forward and we now live paycheck to paycheck with a small savings account as our emergency fund, retirement accounts took a huge hit because of the economy and tons of cc debt.  We are both in our early 30's, have 2 kids but feel like we'll never be able to buy a house let alone a condo or be able to afford anything.  We rarely eat out and when we do it's not at high end restaurants, I clip coupons, buy the kids clothing used, we've cut back on anything we could to pay for preschool which I know isn't a necessity but we found it important for our oldest.  But, at what point do you just say enough is enough?  [/quote]

OP - while I sympathize I'm not really understanding what happened to your stash of money.  If you came here with money and jobs and were renting, WHAT happened to your savings? unless one of you lost your job....like millions of others around the country?

I have lived in other parts of the country, 3 other major metros-  I can tell you its not much more expensive here, when you remove housing from the equation.  Yes, if you want to buy a home then forget about it but renting is truly not that much more than in other major metros and salaries are higher here. Eating out, retail, gas prices, utilities - those are all pretty equal to other parts of the country. So what gives, really?

As for leaving DC - as soon as I am able I am out of here but not because of the cost of living. people here are nasty, and our jobs are the only things holding us here. FWIW, I was born and raised here.my whole family is here - I still can't wait to move but that's not for another 10yrs.[/quote]

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