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Reply to "Earning Well but Drowning in Debt...how to dig out?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]"Our house is extremely modest and too small for a family of 5" -- yet it's worth $800K. I don't understand this. How can something be "extremely modest" and cost $800K? We are a family of 5 living in a 3BR condo in Columbia Heights like this one, on the market for $325k, and we're doing ok. https://www.redfin.com/DC/Washington/1429-Girard-St-NW-20009/unit-305/home/96098202 I can't wrap my head around the numbers the OP is saying. Holy moly, you earn more than three times what we do and you burn through SO MUCH every month.[/quote] I agree. Our house cost $640k, has four bedrooms, and is metro accessible. We have a smaller mortgage payment than op and one car. Similar income but no debt. One sacrifice we made was living on a busy road - for us it was worth it. But op does not seem to want to make any sacrifices.[/quote] Do you have any pets? Can your children play safely in your yard? What are your public schools like? OP's home seems to be somewhere they are going to stay, and I don't blame her. It may be small, but with three kids and two dogs, I certainly wouldn't recommend living on a busy street or giving up a good school district for busy dangerous streets with toddlers and elementary aged children and pets![/quote]
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