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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Housing was expensive then too. People like making excuses for the lazy. [/quote]

Not like today.  Back in the 90s I worked a series of crap jobs and I was able to afford to live in nice neighborhoods in Boston and San Francisco.   The studio apartment I rented back in 2000 for $750 a month now goes for $3500.  Incomes have not increased anywhere near that level in the last 20 years.  [/quote]

Exactly. My friends and I rented an entire house for $400/mo in 1992-93. You can’t even get a studio for that now.[/quote]

$400 in 1992 is $850 Today. You can rent a place for $850. Excuses. [/quote]

NP you have to be so out of touch to think you can rent something for $850… a parking spot downtown starts at $300/month. Maybe $250 if you have a friendly neighbor who is willing to cut you a deal.
In 2011 my DH and I were paying $2100 for a crummy English basement 1 bedroom downtown. Same unit is easily $2800 today.

A 2 bedroom begins at $3000+. A 3 bedroom apt probably rents for $4000-$4500. This would be non-luxury units rented out by owners. However you splice that it’s $1500 a pop plus utilities on top (think electric $100/month split).

That’s $20,000/year to be generous. How did you do that at 18 and go to school? Let’s say you have college loans too.

Minimum wage is $16.5 in dc. You works a FT 40 hr/week job and that’s $34,320 before tax. Approximately $28,000 after tax. The math just doesn’t work out at the beginning. You need to get some savings under you. A few years of strategic decisions and you can get your own place. [/quote]

Why does a single, childless individual need a car when living downtown? [/quote]

The don’t. I was using the price of a parking spot to demonstrate that the posters perspective on the purchasing power of $850 is not in proportion to todays economy.

You are probably below roommate poster too. All those examples except for the 1 bedroom is a roommate situation.

In 2000s so many young adults shared row houses in Adams Morgan. You paid $600-$1100/room depending on how nice a room you got divvied. Look on the market today the only row house for rent in Admo is a $7900 house. Around 2010 there was a huge swing in market. Group houses for tenants became nearly obsolete, new luxury apartments came in, row homes for flipped and sold as luxury real estate.

I 100% believe in working hard and saving and all that jazz. I also simultaneously recognize that it is honestly a lot harder to find affordable housing in dc. Unless you are going to squeeze two people to a bedroom, which landlords are not ok with anymore btw, it’s just really hard to younger people to find a room under $1500. That’s just a market reality. [/quote]

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