Reply to Should current homeowners wish for home values to decline?

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[quote=Anonymous][quote=Anonymous][quote]This. I'm sorry that your priorities and expenses now are not the same as mine were when I was your age, but your salary is also significantly higher than mine was when I was your age and the cost of everything has gone up for me, too. Do what the rest of us did and start small and crappy, then work your way up.

Aaaaand this. Boomers who just do not get it. The small and crappy home that you bought back then is now a [b]$1M home[/b]. Salaries have gone up but so have expenses - and housing has gone up significantly more. Of course, the answer is go even smaller and go even crappier. And take a [b]2+ hour commute[/b] on top of that.[/quote]

And it's not crappy anymore because we fixed it up. And if it is crappy you should get a discount on the price. We live in Springfield. It is maybe an hour into DC, but we know people who do it in 30-45 minutes. Depends on where in DC. We have metro service here. You can get a relatively nice home for 600K. Of course you may think it's crappy because it's a townhome. But we are boomers who lived in a townhome out here for 10 years before we could upgrade to a 60 year old single house. That said, we are in a good school zone there are plenty of things for kids to do here.

But you probably don't want to live in the "awful" suburbs and you want to be able to walk to the coffee shop and have a 10 minute commute. Good luck. We were not ever able to do that. We get it. Come out here and look around. There is one in our neighborhood of single family houses that is all brick, in good shape, and they want 700K. Nice yard. But you might have to fix something. Houses are things that constantly need fixing. But often you can live in them. It's amazing. [/quote]

Maybe [i]you[/i] fixed up your house, but the vast majority of Boomer houses hitting the market in my neck of the woods have not kept up with maintenance. It's almost a joke at this point. [/quote]

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