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Reply to "How can anyone afford a huge expensive home?! "
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[quote=Anonymous]"Anonymous wrote: This is not that HARD. They make more money than you. Seriously. Op, you are a moron if you can't figure this out" No. It is not all that. Most of it is people who had great timing. Tons of families bought when it was cheaper and either could not now afford their price if they had to buy it at the current price or else made money and traded up but still benefited from a big equity windfall due to timing. That is the real answer. My nonprofit colleagues in Arlington are not rolling in it. They simply bought 15+ years ago. [/quote]
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