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Reply to "When were people in the DC area able to afford their first house?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Bought in 1998 in NW DC for $250,000. Put down 10% - we saved $15,000, and DH's parents gave us $10,000. We were 30, with a HHI of $120,000. Still live there, and the house is now worth $900,000. [/quote] Wow, so in 20 years my row house should be worth 2.8M! (I bought it last year for $800k). AWESOME![/quote] Past performance is not indicative of future results.[/quote]
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