Reply to If you didn’t like anything you could afford...

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We kept renting and socking away money.  It will either be a down payment on a place someday or somewhere else, or it will boost our retirement savings.  In the meantime, we live in an area with a school that works for our kids and an easy commute.  I'm willing to compromise, but only so much.  [/quote]

Part of the reason people settle is because the [b]rentals are usually woefully outdated, poorly maintained and still very expensive[/b]. If you have been able to find a rental that you like more than what's for sale, with an affordable price, then hold on tight.
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Yup. Around here it's extremely unlikely that the rent on a place is going to be a lot less than the mortgage would be for the same situation. So why not actually benefit from the remarkable appreciation homes around here typically enjoy while living in a shit shack, if you're going to be living in one either way? [/quote]

Not PP but we pay $2500 per month for a 1350 square foot apartment with two bedrooms, two baths, and a den (with a window and closet and door, so could be a third bedroom, but we mainly use it as a guestroom / den), zoned for Murch/Deal/Wilson.  These places exist, they just aren't the fancy new buildings is the hot neighborhoods. We're holding on tight like PP.[/quote]

https://www.apartments.com/washington-dc/2-bedrooms-2-bathrooms-under-2500/?bb=_n1si6gp1H0xxsvhC

There's exactly one listing under $2500 west of the park, and it's 750 SF. Not sure how they get 2BR and 2BA in that!

Maybe you've been there a long time or it's a total dump but that's not at all typical.

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$2,500 WTOP in D/W? Guarantee the PP is living in a walk-up (or one with a single elevator from the 50s) with coin-operated laundry in the basement, parquet floors from the 70s, a kitchen that has linoleum, building controlled central A/C + heat, and a horrible facade.

Find cheap options, get cheap living.[/quote]

We moved in in 2017 and the apartment was completely renovated right when we moved in - brand new appliances!  But yes, the laundry is not in the unit (but it takes credit cards and not coins) and the floors are parquet.  It's not perfect, but for that price, we're good!  These types of places pop up on Craigslist and the go fast, but they exist!

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