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Reply to "How old where you when you bought a house here?"
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[quote=Anonymous]Bought as soon as we moved here. Possible because (1) it was 1997 and you could get a decent house in Chevy Chase for a young couple and dog for less than 350K, and (2) DH and I both worked full-time at well-paid jobs. Now, the young kids starting often can't buy anywhere near our neighborhood, even if they both work, unless they have family money for a huge downpayment or no other debt and are willing to find a lender who will take a smaller downpayment and let them mortgage themselves to the hilt. Our old house would probably sell for $750K to $800K now. You can't buy that even on $300K HHI, I don't think.[/quote]
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