Reply to Millennials: the house you grew up in vs. your house now

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[quote=Anonymous][quote=Anonymous]How do they compare? I am struggling coming to terms with the fact that our likely forever home is older, smaller by 1k sq ft (more for DH), and in a less desirable neighborhood than the home I grew up in. We make way more than either set of parents ever did and they were in this area as well, but of course housing prices have rapidly outpaced income so comparable homes to those we grew up in are hundreds of thousands out of reach for us. What about you?[/quote]
Yes, this region has exploded in popularity and the housing prices have adjusted accordingly, which requires a readjustment of expectations. DH and I went through the same "coming to terms" when we were looking to buy our first house here 6 years ago. It was a small townhouse and served us well as we started a family, but it definitely felt like we weren't "adulting" effectively if we couldn't afford the single-family starter home our parents had been able to afford back in the day. It helped to know we weren't alone, and all our other friends were buying the same, or sacrificing location and moving out to Loudoun to get their dream home.

We recently sold our townhouse for a SFH, which still doesn't have some of the things we always expected to have based on our own upbringings (a garage, for example), but it's a great home and in a neighborhood we really like.[/quote]

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