Reply to Do you know people who have money but aren't buying a home?

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[quote=Anonymous][quote=Anonymous]Do you judge them or wonder what's up?

Of course you can't know anyone's net worth but I have a few friends in their mid 30s (either single or w/ a partner/DH but no kids), who have had very "traditional" career paths -- i.e. 8 yrs in biglaw and then went to a midlaw firm; or 8 yrs in biglaw and then went to a gov't agency that is not on the GS scale etc; and don't have wild spending habits so presumably it's not an affordability issue. They've been in DC their whole careers and are east coast people, so I also don't have the sense that they don't want to buy in the DMV bc they foresee a move to Wisconsin in the next few yrs. Yet they have zero interest in buying. One is TOTALLY against it -- i.e. doesn't like housing as an investment and doesn't want to tie her money into that. The other waivers but hasn't pulled the trigger or done any kind of extended search. I think -- it is what it is, their money, their choice. Our common friends though have started to talk $hit about them -- "wondering" what's up and if they really can't afford it; or acting like they're dumb and are making a bad financial move. I don't say much in these conversations as I don't want to comment and I think it's uncomfortable to gossip about someone else's finances. Yet it's become a favorite topic of brunch conversation in my group (which normally isn't so judgy). Do you know people like this? Do you care about their financial decisions?[/quote]

Sounds like your friends (and you?) are bothered more by the fact that these people aren't drinking the DC is the best place on earth Kool Aid.  Obviously, they can afford it.  But they want to go elsewhere.  That bothers people.[/quote]

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