Reply to How are Millennials affording new $1.5+million home in MD, DC and VA?

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Reply to "How are Millennials affording new $1.5+million home in MD, DC and VA?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm amazed at how many 28-40 yo's we know that are purchasing brand new homes in Bethesda, Chevy Chase, DC, Vienna and McLean.  What took my spouse and I years to afford, they are buying at a relatively young age.  How do they do it here?  My spouse is a partner in a law firm and our house is barely worth a million. Granted, we'll have it paid for next year.  But really, Millennials what's your secret?   [/quote]
Millennials here. We bought our starter home for $1.2M 10 years ago at age 28. It was an apartment in Manhattan. We had no help from family.
We now live in a $2M home in Arlington. 
The secret is hard work.

[/quote]

Investment banking?
Your welcome for TARP.

Hard work Pfftt...[/quote]

Nah. But I bet PP knows the difference between your and you’re. [/quote]

Of course, I majored in something practical; I’m not an English major using connections from my dad and  prep school lacross team to land a sweet NYC gig. [/quote]

Me, either. I did pass third grade fairly easily though. YMMV. [/quote]

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