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Reply to "How does anyone find a job that pays enough to afford a home here?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Out first house cost 500k and we lived in it for 11 years. You need a starter home.[/quote] Starter homes in DC are <$1M. Not everyone is willing to have a 2 car, 1 hour commute lifestyle. And you have to go REALLY far out for prices to get lower than one mil. [/quote] Oops meant >$1M obvs. [/quote] Just because you don't personally find the numerous sub-$1MM starter homes available to you acceptable doesn't mean they don't exist. You keep crying, moaning, and renting, I'll keep building equity while I'm paying my $2,200 single family starter home mortgage that also allows me to invest thousands of spare dollars a month and let's see who gets a million dollar home first. [/quote] I am not sure if you just don’t live here or what, but literally ZERO homes have mortgages of $2,200 within miles of where I live. Hell, my 700 sq ft 2br/1ba condo was more expensive than that. Now with a family of 4, all I’d like is a 3br, 2ba, 1,800 sq ft home attached is fine. These just do not exist. [/quote] NP I live in DC, my mortgage is a 15 year one that we pay 2400 a month. We live in an attached town home with 3 bedrooms. Our friends just bought a bigger 4 bedroom house down the street for 700K.[/quote]
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