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Reply to "Are millennials under 25 in the DC area priced out of getting married, having kids, owning a home?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We bought 600k starter home[/quote] So did we, but not at 23 and pregnant.[/quote] You know, for most people $600k is unaffordable as a starter home. That said - for your niece, unless she's looking to settle down tomorrow, she can do what a lot of youngsters (and not so youngsters) do in DC. [b]Live in a group house. Eat cheap food, while doing whatever it takes to keep yourself fed (I tutored LSAT for a while, for example). I would say moving to DC would be great if she has a realistic idea about what life would be like. If she expects a ritzy apartment without a job, then no[/b].[/quote] Right. Her job prospects will be better coming OUT Of DC than trying to come INTO the city if she decides to try it later. Worst case scenario is that she lives in a group home in NoMa for a while while she interns and gets some experience, and then decides it isn't for her and goes back to Des Moines. Best case scenario, she loves it, thrives, and works her way up. There are very few things that I'd caution a young relative against. Neck tattoos. Law school (outside a T15 school). Converting to Hari Krishna. But moving to DC? It'll be fun and it's easy to pull the plug if she isn't having a good time. [/quote]
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