Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "The median Boomer has a housing cost of $612. That includes taxes and insurance. "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Gen x - when I was in my 20s I lived in a group townhouse in Ballston. Rent was $600/mo x 3 people + utilities, my income was $30,000. No parking, walk to metro. TH value was about $160k. About 25% of my income. I saved up and bought a condo for $200k. Today the value of an older 3 BR TH like this is roughly $900,000-$1,000,000. PITI is about $6200, so rent is at minimum $2000/mo + utilities for 3. $24,000 rent. Starting pay at my office is $65,000. That’s 37% of income. For a group house. And the 20-something working for me has a well located studio in DC, so probably a lot more rent expense than that. [/quote] Great example. Im sure the retort will be “my son pays $700 for his group home, do better”. People just dont want to talk about this rationally and love saying their single, totally abnormal anecdote.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
